1, RIDGEWAY, MALDON, CM9 6UF - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RIDGEWAY is a very small extended detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £348,480. It was last sold for £325,000 in September 2021, which was around 38% below the average September 2021 detached price in the Maldon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

1 RIDGEWAY Sold Prices

Land registry data shows two sales for 1 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 1 RIDGEWAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 24 SEP	£325,000	£527,956	38% below HPI
1999 26 NOV	£85,000	£134,637	37% below HPI

1 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 1 RIDGEWAY sales from November 1999 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1999 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 RIDGEWAY be worth now?

1 RIDGEWAY might now be worth an estimated £348,480.

This is based on house price inflation of 7.2%, between September 2021 and December 2024, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% inflationary increase is applied to the most recent sale price for 1 RIDGEWAY of £325,000 on 24th September 2021. For the value to have increased from £325,000 to £348,480 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 RIDGEWAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIDGEWAY has not materially changed since September 2021.

How Large is 1 RIDGEWAY?

1 RIDGEWAY is 67m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maldon, and where 1 RIDGEWAY lies on this distribution: 3% of detached houses houses are smaller than 1 RIDGEWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Maldon.

1 RIDGEWAY: Plot and Title Map

1 RIDGEWAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 1 RIDGEWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 RIDGEWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 RIDGEWAY?

1 RIDGEWAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 1 on RIDGEWAY.