21, RIDGEWAY, MALDON, CM9 6UF - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 RIDGEWAY is a very small semi-detached house of 64m², built sometime between 1991 and 1995. It was last sold for £250,000 in June 2014, which was around 25% below the average June 2014 detached price in the Maldon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

21 RIDGEWAY Sold Prices

Land registry data shows two sales for 21 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 21 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
2014 20 JUN	£250,000	£333,326	25% below HPI
1997 16 MAY	£64,000	£98,990	35% below HPI

21 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 21 RIDGEWAY sales from May 1997 and June 2014 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 May 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 21 RIDGEWAY?

21 RIDGEWAY is 64m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Maldon, based on EPC data. The below chart shows the distribution of detached houses by size in Maldon, and where 21 RIDGEWAY lies on this distribution: 2% of detached houses are smaller than 21 RIDGEWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Maldon.

21 RIDGEWAY: Plot and Title Map

21 RIDGEWAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 21 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 21 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 21 RIDGEWAY?

21 RIDGEWAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 21 on RIDGEWAY.