15, HIGHFIELD RISE, ALTHORNE, CHELMSFORD, CM3 6DN - £249,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 HIGHFIELD RISE is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £249,995 in July 2010, which was around 18% below the average July 2010 detached price in the Maldon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

15 HIGHFIELD RISE Sold Prices

Land registry data shows two sales for 15 HIGHFIELD 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 Maldon local authority area for the corresponding sale date. Both of the two 15 HIGHFIELD RISE 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
2010 9 JUL	£249,995	£304,316	18% below HPI
1998 11 AUG	£92,500	£118,305	22% below HPI

15 HIGHFIELD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 15 HIGHFIELD RISE sales from August 1998 and July 2010 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 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2010 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 HIGHFIELD RISE?

15 HIGHFIELD RISE is 79m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 15 HIGHFIELD RISE lies on this distribution: 23% of detached houses are smaller than 15 HIGHFIELD RISE, and 77% of houses are larger. Note that EPC data is not available for all properties in Althorne.

15 HIGHFIELD RISE: Plot and Title Map

15 HIGHFIELD RISE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 15 HIGHFIELD 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 15 HIGHFIELD 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 15 HIGHFIELD RISE?

15 HIGHFIELD RISE is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 15 on HIGHFIELD RISE.