8, DOLBY RISE, CHELMSFORD, CM2 6XQ - £438,000

8 DOLBY RISE is a midsized detached house of 126m², built sometime between 1991 and 1995. It was last sold for £438,000 in May 2012, which was around 17% above the average May 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

8 DOLBY RISE Sold Prices

Land registry data shows two sales for 8 DOLBY RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 8 DOLBY RISE 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
2012 16 MAY	£438,000	£374,203	17% above HPI
1996 23 SEP	£145,000	£110,268	31% above HPI

8 DOLBY RISE 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 two 8 DOLBY RISE sales from September 1996 and May 2012 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 September 1996 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2012 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 8 DOLBY RISE?

8 DOLBY RISE is 126m² according to the EPC inspection conducted in November 2010. 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 8 DOLBY RISE lies on this distribution: 55% of detached houses are smaller than 8 DOLBY RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 DOLBY RISE: Plot and Title Map

8 DOLBY RISE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 8 DOLBY RISE, 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 8 DOLBY RISE). 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 8 DOLBY RISE?

8 DOLBY RISE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 8 on DOLBY RISE.