35, RIDGEWAY, INGATESTONE, CM4 9AS - £350,000

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

35 RIDGEWAY is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £350,000 in December 2016, which was around 51% below the average December 2016 detached price in the Brentwood local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

35 RIDGEWAY Sold Prices

Land registry data shows four sales for 35 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the four 35 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
2016 22 DEC	£350,000	£719,563	51% below HPI
2002 15 MAR	£137,500	£299,515	54% below HPI
1998 3 APR	£86,500	£182,784	53% below HPI
1996 17 SEP	£60,000	£145,140	59% below HPI

35 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The four 35 RIDGEWAY sales between September 1996 and December 2016 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 March 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2016 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 35 RIDGEWAY?

35 RIDGEWAY is 62m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses by size in Ingatestone, and where 35 RIDGEWAY lies on this distribution: 1% of detached houses are smaller than 35 RIDGEWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

35 RIDGEWAY: Plot and Title Map

35 RIDGEWAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 35 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 35 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 35 RIDGEWAY?

35 RIDGEWAY is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 35 on RIDGEWAY.