RAGSTONE RIDGE, THE GREEN, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4LU - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RAGSTONE RIDGE is a large detached house of 134m², built sometime before 1900, which could now be worth an estimated £489,615. It was last sold for £415,000 in July 2020, which was around 23% below the average July 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

RAGSTONE RIDGE Sold Prices

Land registry data shows two sales for RAGSTONE RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two RAGSTONE RIDGE 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
2020 20 JUL	£415,000	£538,160	23% below HPI
2015 3 JUL	£410,000	£450,742	9% below HPI

RAGSTONE RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two RAGSTONE RIDGE sales from July 2015 and July 2020 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 July 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might RAGSTONE RIDGE be worth now?

RAGSTONE RIDGE might now be worth an estimated £489,615.

This is based on house price inflation of 18%, between July 2020 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for RAGSTONE RIDGE of £415,000 on 20th July 2020. For the value to have increased from £415,000 to £489,615 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of RAGSTONE RIDGE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The July 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of RAGSTONE RIDGE has not materially changed since July 2020.

How Large is RAGSTONE RIDGE?

RAGSTONE RIDGE is 134m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses houses in Boughton Monchelsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boughton Monchelsea, and where RAGSTONE RIDGE lies on this distribution: 64% of detached houses houses are smaller than RAGSTONE RIDGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Boughton Monchelsea.

RAGSTONE RIDGE: Plot and Title Map

RAGSTONE RIDGE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of RAGSTONE RIDGE, 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 RAGSTONE RIDGE). 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 RAGSTONE RIDGE?

RAGSTONE RIDGE is located on THE GREEN in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of RAGSTONE RIDGE on THE GREEN.