1, RAVENDALE COTTAGE, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6BX - £229,995

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.

1 RAVENDALE COTTAGE is a very small extended semi-detached house of 67m², built sometime before 1900, which could now be worth an estimated £278,539. It was last sold for £229,995 in July 2017, which was around 19% below the average July 2017 semi-detached price in the Maldon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

1 RAVENDALE COTTAGE Sold Prices

Land registry data shows three sales for 1 RAVENDALE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. All of the three 1 RAVENDALE COTTAGE sales were for below 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
2017 6 JUL	£229,995	£282,516	19% below HPI
2015 16 OCT	£160,000	£240,238	33% below HPI
2006 16 MAR	£169,000	£175,215	4% below HPI

1 RAVENDALE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The three 1 RAVENDALE COTTAGE sales between March 2006 and July 2017 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 RAVENDALE COTTAGE be worth now?

1 RAVENDALE COTTAGE might now be worth an estimated £278,539.

This is based on house price inflation of 21.1%, between July 2017 and February 2025, for semi-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 21.1% inflationary increase is applied to the most recent sale price for 1 RAVENDALE COTTAGE of £229,995 on 6th July 2017. For the value to have increased from £229,995 to £278,539 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 1 RAVENDALE COTTAGE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The July 2017 sale price of £229,995 represented a fair market value for the property.
• The size, condition, and specification of 1 RAVENDALE COTTAGE has not materially changed since July 2017.

How Large is 1 RAVENDALE COTTAGE?

1 RAVENDALE COTTAGE is 67m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Althorne, and where 1 RAVENDALE COTTAGE lies on this distribution: 8% of semi-detached houses houses are smaller than 1 RAVENDALE COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Althorne.

1 RAVENDALE COTTAGE: Plot and Title Map

1 RAVENDALE COTTAGE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 1 RAVENDALE COTTAGE, 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 RAVENDALE COTTAGE). 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 RAVENDALE COTTAGE?

1 RAVENDALE COTTAGE is located on BURNHAM ROAD in ALTHORNE, in the CM3 postcode district. The below map shows the position of 1 RAVENDALE COTTAGE on BURNHAM ROAD.