24, RIDGEWAY, RAYLEIGH, SS6 7BJ - £650,000

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

24 RIDGEWAY is a very large extended detached house of 178m², built sometime between 1950 and 1966, which could now be worth an estimated £960,985. It was last sold for £650,000 in June 2015, which was around 54% above the average June 2015 detached price in the Rochford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

24 RIDGEWAY Sold Prices

Land registry data shows two sales for 24 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 Rochford local authority area for the corresponding sale date. Both of the two 24 RIDGEWAY sales were for above 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
2015 26 JUN	£650,000	£420,792	54% above HPI
2003 9 JAN	£360,000	£268,461	34% above HPI

24 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 24 RIDGEWAY sales from January 2003 and June 2015 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 January 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2015 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 24 RIDGEWAY be worth now?

24 RIDGEWAY might now be worth an estimated £960,985.

This is based on house price inflation of 47.8%, between June 2015 and February 2025, for detached houses, in the Rochford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.8% inflationary increase is applied to the most recent sale price for 24 RIDGEWAY of £650,000 on 26th June 2015. For the value to have increased from £650,000 to £960,985 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 24 RIDGEWAY has moved in line with the HPI for detached houses in the Rochford local authority area.
• The June 2015 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RIDGEWAY has not materially changed since June 2015.

How Large is 24 RIDGEWAY?

24 RIDGEWAY is 178m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayleigh, and where 24 RIDGEWAY lies on this distribution: 87% of detached houses houses are smaller than 24 RIDGEWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Rayleigh.

24 RIDGEWAY: Plot and Title Map

24 RIDGEWAY sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 24 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 24 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 24 RIDGEWAY?

24 RIDGEWAY is located in RAYLEIGH, in the SS6 postcode district. The below map shows the position of No. 24 on RIDGEWAY.