23, RYDAL DRIVE, MALDON, CM9 5LG - £480,000

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

23 RYDAL DRIVE is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £480,000 in February 2023, which was around 16% below the average February 2023 detached price in the Maldon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

23 RYDAL DRIVE Sold Prices

Land registry data shows two sales for 23 RYDAL DRIVE 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 23 RYDAL DRIVE 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
2023 3 FEB	£480,000	£573,114	16% below HPI
2000 26 MAY	£110,995	£141,727	22% below HPI

23 RYDAL DRIVE 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 23 RYDAL DRIVE sales from May 2000 and February 2023 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 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 23 RYDAL DRIVE?

23 RYDAL DRIVE is 70m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 23 RYDAL DRIVE lies on this distribution: 4% of detached houses are smaller than 23 RYDAL DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Maldon.

23 RYDAL DRIVE: Plot and Title Map

23 RYDAL DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 23 RYDAL DRIVE, 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 23 RYDAL DRIVE). 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 23 RYDAL DRIVE?

23 RYDAL DRIVE is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 23 on RYDAL DRIVE.