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

24 RIDGEWAY is a very large extended detached house of 178m², built sometime between 1950 and 1966. It was last sold for £650,000 in June 2015, which was around 65% 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	£393,694	65% above HPI
2003 9 JAN	£360,000	£251,173	43% 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 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2015 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

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 in Rayleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Rayleigh, and where 24 RIDGEWAY lies on this distribution: 87% of detached 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.