16, RIDGEWELL AVENUE, CHELMSFORD, CM1 2GA - £315,000

16 RIDGEWELL AVENUE is a midsized extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £315,000 in June 2006, which was around 7% below the average June 2006 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

16 RIDGEWELL AVENUE Sold Prices

Land registry data shows four sales for 16 RIDGEWELL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 16 RIDGEWELL AVENUE sales were for below the average price, and four 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
2006 23 JUN	£315,000	£336,915	7% below HPI
2006 16 MAY	£315,000	£336,015	6% below HPI
2001 31 MAY	£234,000	£198,892	18% above HPI
1997 30 JUN	£167,500	£120,692	39% above HPI

16 RIDGEWELL AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 16 RIDGEWELL AVENUE sales between June 1997 and June 2006 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 May 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2006 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 RIDGEWELL AVENUE?

16 RIDGEWELL AVENUE is 125m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 16 RIDGEWELL AVENUE lies on this distribution: 54% of detached houses are smaller than 16 RIDGEWELL AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 RIDGEWELL AVENUE: Plot and Title Map

16 RIDGEWELL AVENUE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 16 RIDGEWELL AVENUE, 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 16 RIDGEWELL AVENUE). 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 16 RIDGEWELL AVENUE?

16 RIDGEWELL AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 16 on RIDGEWELL AVENUE.