1, DOLBY RISE, CHELMSFORD, CM2 6XQ - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DOLBY RISE is a midsized detached house of 118m², built sometime between 1976 and 1982. It was last sold for £480,000 in July 2019, which was around 18% below the average July 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

1 DOLBY RISE Sold Prices

Land registry data shows two sales for 1 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. One of the two 1 DOLBY RISE sales was for below the average price, whilst the other was 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
2019 18 JUL	£480,000	£587,286	18% below HPI
1997 24 OCT	£133,000	£130,441	2% above HPI

1 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 1 DOLBY RISE sales from October 1997 and July 2019 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 October 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 DOLBY RISE?

1 DOLBY RISE is 118m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 1 DOLBY RISE lies on this distribution: 48% of detached houses are smaller than 1 DOLBY RISE, and 51% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 DOLBY RISE: Plot and Title Map

1 DOLBY RISE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 1 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 1 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 1 DOLBY RISE?

1 DOLBY RISE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 1 on DOLBY RISE.