RIDGEWAY, BEACON HILL, WICKHAM BISHOPS, WITHAM, CM8 3EA - £680,000

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.

RIDGEWAY is a small extended detached house of 210m², built sometime between 1967 and 1975, which could now be worth an estimated £1,019,943. It was last sold for £680,000 in March 2015, which was around 80% above the average March 2015 detached price in the Maldon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was D.

RIDGEWAY Sold Prices

Land registry data shows one sale for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Maldon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 20 MAR	£680,000	£376,819	80% above HPI

What might RIDGEWAY be worth now?

RIDGEWAY might now be worth an estimated £1,019,943.

This is based on house price inflation of 50%, between March 2015 and May 2026, for detached 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 50% inflationary increase is applied to the most recent sale price for RIDGEWAY of £680,000 on 20th March 2015. For the value to have increased from £680,000 to £1,019,943 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of RIDGEWAY has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2015 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWAY has not materially changed since March 2015.

How Large is RIDGEWAY?

RIDGEWAY is 210m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Beacon Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Beacon Hill, and where RIDGEWAY lies on this distribution: 38% of detached houses are smaller than RIDGEWAY, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Beacon Hill.

RIDGEWAY: Plot

RIDGEWAY sits on a plot of roughly 0.557 of an acre, or 2,255m².

Where is RIDGEWAY?

RIDGEWAY is located on BEACON HILL in WICKHAM BISHOPS, in the CM8 postcode district.