8, RIDGEWELL AVENUE, CHELMSFORD, CM1 2GA - £625,000

8 RIDGEWELL AVENUE is a midsized extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £625,000 in March 2021, which was around 4% above the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

8 RIDGEWELL AVENUE Sold Prices

Land registry data shows four sales for 8 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. All of the four 8 RIDGEWELL AVENUE 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 5 MAR	£625,000	£598,971	4% above HPI
2013 30 AUG	£430,000	£390,498	10% above HPI
2003 30 OCT	£329,995	£302,087	9% above HPI
1997 30 APR	£166,950	£114,870	45% above HPI

8 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 8 RIDGEWELL AVENUE sales between April 1997 and March 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 August 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 RIDGEWELL AVENUE?

8 RIDGEWELL AVENUE is 123m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 RIDGEWELL AVENUE lies on this distribution: 53% of detached houses are smaller than 8 RIDGEWELL AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 RIDGEWELL AVENUE: Plot and Title Map

8 RIDGEWELL AVENUE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8 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 8 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 8 RIDGEWELL AVENUE?

8 RIDGEWELL AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 8 on RIDGEWELL AVENUE.