16, NORTON PLACE, RAMSDEN HEATH, BILLERICAY, CM11 1JJ - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 NORTON PLACE is a very small semi-detached house of 86m², built sometime between 2007 and 2011, which could now be worth an estimated £454,156. It was last sold for £470,000 in August 2022, which was around 10% above the average August 2022 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

16 NORTON PLACE Sold Prices

Land registry data shows five sales for 16 NORTON PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 16 NORTON PLACE sales were 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
2022 25 AUG	£470,000	£425,830	10% above HPI
2018 26 OCT	£437,000	£349,499	25% above HPI
2014 12 DEC	£328,000	£275,812	19% above HPI
2009 16 JUL	£274,500	£202,569	36% above HPI
2006 8 SEP	£286,000	£212,869	34% above HPI

16 NORTON PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The five 16 NORTON PLACE sales between September 2006 and August 2022 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 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 NORTON PLACE be worth now?

16 NORTON PLACE might now be worth an estimated £454,156.

This is based on house price deflation of 3.4%, between August 2022 and February 2025, for semi-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 3.4% deflationary decrease is applied to the most recent sale price for 16 NORTON PLACE of £470,000 on 25th August 2022. For the value to have decreased from £470,000 to £454,156 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 16 NORTON PLACE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NORTON PLACE has not materially changed since August 2022.

How Large is 16 NORTON PLACE?

16 NORTON PLACE is 86m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsden Heath, and where 16 NORTON PLACE lies on this distribution: 4% of semi-detached houses houses are smaller than 16 NORTON PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

16 NORTON PLACE: Plot and Title Map

16 NORTON PLACE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 16 NORTON PLACE, 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 16 NORTON PLACE). 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 16 NORTON PLACE?

16 NORTON PLACE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 16 on NORTON PLACE.