12, DOLBY RISE, CHELMSFORD, CM2 6XQ - £557,000

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.

12 DOLBY RISE is a midsized extended detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £643,913. It was last sold for £557,000 in February 2018, which was around 3% below the average February 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

12 DOLBY RISE Sold Prices

Land registry data shows three sales for 12 DOLBY RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The three 12 DOLBY RISE sales were a mix of below the average price, roughly equal to the average price, and 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
2018 8 FEB	£557,000	£575,674	3% below HPI
2004 26 AUG	£329,995	£328,718	Close to HPI
1997 23 DEC	£147,000	£133,887	10% above HPI

12 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 three 12 DOLBY RISE sales between December 1997 and February 2018 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 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 DOLBY RISE be worth now?

12 DOLBY RISE might now be worth an estimated £643,913.

This is based on house price inflation of 15.6%, between February 2018 and February 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 15.6% inflationary increase is applied to the most recent sale price for 12 DOLBY RISE of £557,000 on 8th February 2018. For the value to have increased from £557,000 to £643,913 over the seven years to February 2025, the following assumptions must hold true:

• The value of 12 DOLBY RISE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2018 sale price of £557,000 represented a fair market value for the property.
• The size, condition, and specification of 12 DOLBY RISE has not materially changed since February 2018.

How Large is 12 DOLBY RISE?

12 DOLBY RISE is 122m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% 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 12 DOLBY RISE lies on this distribution: 51% of detached houses houses are smaller than 12 DOLBY RISE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 DOLBY RISE: Plot and Title Map

12 DOLBY RISE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 12 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 12 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 12 DOLBY RISE?

12 DOLBY RISE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on DOLBY RISE.