12, RIDGEWAY, MALDON, CM9 6UF - £315,000

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.

12 RIDGEWAY is a very small terraced house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £352,718. It was last sold for £315,000 in October 2021, which was around 24% above the average October 2021 terraced price in the Maldon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

12 RIDGEWAY Sold Prices

Land registry data shows three sales for 12 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Maldon local authority area for the corresponding sale date. All of the three 12 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
2021 21 OCT	£315,000	£254,992	24% above HPI
2001 19 OCT	£112,000	£80,955	38% above HPI
1997 28 NOV	£70,000	£51,580	36% above HPI

12 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maldon local authority area over time, sourced from the HPI. The three 12 RIDGEWAY sales between November 1997 and October 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 October 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 12 RIDGEWAY be worth now?

12 RIDGEWAY might now be worth an estimated £352,718.

This is based on house price inflation of 12%, between October 2021 and August 2025, for terraced houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12% inflationary increase is applied to the most recent sale price for 12 RIDGEWAY of £315,000 on 21st October 2021. For the value to have increased from £315,000 to £352,718 over the four years and two months to August 2025, the following assumptions must hold true:

• The value of 12 RIDGEWAY has moved in line with the HPI for terraced houses in the Maldon local authority area.
• The October 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RIDGEWAY has not materially changed since October 2021.

How Large is 12 RIDGEWAY?

12 RIDGEWAY is 65m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of terraced houses houses in Maldon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Maldon, and where 12 RIDGEWAY lies on this distribution: 2% of terraced houses houses are smaller than 12 RIDGEWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Maldon.

12 RIDGEWAY: Plot and Title Map

12 RIDGEWAY sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 12 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 12 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 12 RIDGEWAY?

12 RIDGEWAY is located in MALDON, in the CM9 postcode district. The below map shows the position of No. 12 on RIDGEWAY.