2 Ridgeway Lodge, Wrexham
2 Ridgeway Lodge, Wrexham
Description & Estimates
2 Ridgeway Lodge, Wrexham is recorded publicly as a modern freehold house across 2,572 ft2 of internal area, sitting on a 1,450 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2 Ridgeway Lodge, Wrexham is £452,755 and its rental estimate is £1,449 per month, given the available information and assuming reasonable condition.
Chirk Green, Chirk, Wrexham, LL14 falls within the LL14 postal district.
Our Data Sources
2 Ridgeway Lodge, Wrexham has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Ridgeway Lodge, Wrexham, we estimate a market value of £475,393 and a rental value of £1,521 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £421,062 and £1,347 per month respectively.
Recent Market Change
Over the last year, 2 Ridgeway Lodge, Wrexham has seen its estimated sale value move down by £3,171 (0.7%) and its estimated rental value increase by £22 per month (1.5%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 2 Ridgeway Lodge, Wrexham as measuring 1,450 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
2 Ridgeway Lodge, Wrexham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
Sold Prices
The most recent sale of 2 Ridgeway Lodge, Wrexham completed on 1st February 2007 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 85.9% over the period since February 2007.
- Sold Feb 2007£275,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 2 Ridgeway Lodge, Wrexham have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2018, was St. Winifreds, Chapel Lane, Wrexham, LL14 5NF, a freehold house which sold for £225,000.
Read more about house prices in LL14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 35 addresses on Chirk Green, Chirk, Wrexham, LL14, 2 Ridgeway Lodge, Wrexham comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £246k more expensive than the average property across the LL14 district.
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Schools Nearby
- 2.6kmWeston Rhyn Primary School
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Public Transport Nearby
From 2 Ridgeway Lodge, Wrexham, the nearest station is Chirk, 1.4 kilometres away.
- 1.4kmChirk
- 2.4kmRuabon
- 5.1kmGobowen
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
