10, RIDGEWELL AVENUE, CHELMSFORD, CM1 2GA - £365,000

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.

10 RIDGEWELL AVENUE is a small extended detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £554,081. It was last sold for £365,000 in February 2015, which was around 20% below the average February 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

10 RIDGEWELL AVENUE Sold Prices

Land registry data shows four sales for 10 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. Most of the four 10 RIDGEWELL AVENUE 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
2015 5 FEB	£365,000	£458,612	20% below HPI
2003 26 FEB	£267,500	£287,800	7% below HPI
1999 18 JUN	£148,000	£149,658	1% below HPI
1997 27 MAR	£125,000	£113,266	10% above HPI

10 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 10 RIDGEWELL AVENUE sales between March 1997 and February 2015 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 February 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 10 RIDGEWELL AVENUE be worth now?

10 RIDGEWELL AVENUE might now be worth an estimated £554,081.

This is based on house price inflation of 51.8%, between February 2015 and June 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.8% inflationary increase is applied to the most recent sale price for 10 RIDGEWELL AVENUE of £365,000 on 5th February 2015. For the value to have increased from £365,000 to £554,081 over the nine years and eight months to June 2025, the following assumptions must hold true:

• The value of 10 RIDGEWELL AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIDGEWELL AVENUE has not materially changed since February 2015.

How Large is 10 RIDGEWELL AVENUE?

10 RIDGEWELL AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 10 RIDGEWELL AVENUE lies on this distribution: 30% of detached houses houses are smaller than 10 RIDGEWELL AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

10 RIDGEWELL AVENUE: Plot and Title Map

10 RIDGEWELL AVENUE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 10 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 10 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 10 RIDGEWELL AVENUE?

10 RIDGEWELL AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 10 on RIDGEWELL AVENUE.