RIDGE HOUSE, MAIDSTONE ROAD, MATFIELD, TONBRIDGE, TN12 7JR - £410,000

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.

RIDGE HOUSE is a small semi-detached house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £471,767. It was last sold for £410,000 in April 2021, which was around 6% below the average April 2021 semi-detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

RIDGE HOUSE Sold Prices

Land registry data shows three sales for RIDGE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tunbridge Wells local authority area for the corresponding sale date. One of the three RIDGE HOUSE sales was for below the average price, whilst two 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
2021 13 APR	£410,000	£435,094	6% below HPI
2015 23 JAN	£352,000	£325,112	8% above HPI
2008 18 SEP	£330,000	£263,373	25% above HPI

RIDGE HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three RIDGE HOUSE sales between September 2008 and April 2021 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might RIDGE HOUSE be worth now?

RIDGE HOUSE might now be worth an estimated £471,767.

This is based on house price inflation of 15.1%, between April 2021 and February 2025, for semi-detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for RIDGE HOUSE of £410,000 on 13th April 2021. For the value to have increased from £410,000 to £471,767 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of RIDGE HOUSE has moved in line with the HPI for semi-detached houses in the Tunbridge Wells local authority area.
• The April 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGE HOUSE has not materially changed since April 2021.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 114m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of semi-detached houses houses in Matfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Matfield, and where RIDGE HOUSE lies on this distribution: 25% of semi-detached houses houses are smaller than RIDGE HOUSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Matfield.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of RIDGE HOUSE, 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 RIDGE HOUSE). 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 RIDGE HOUSE?

RIDGE HOUSE is located on MAIDSTONE ROAD in MATFIELD, in the TN12 postcode district. The below map shows the position of RIDGE HOUSE on MAIDSTONE ROAD.