16, RANULPH WAY, HATFIELD PEVEREL, CHELMSFORD, CM3 2RN - £475,000

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

16 RANULPH WAY is a midsized extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £475,000 in August 2019, which was around 2% above the average August 2019 detached price in the Braintree local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

16 RANULPH WAY Sold Prices

Land registry data shows two sales for 16 RANULPH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 16 RANULPH WAY 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
2019 27 AUG	£475,000	£467,779	2% above HPI
1998 11 SEP	£130,000	£115,198	13% above HPI

16 RANULPH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 16 RANULPH WAY sales from September 1998 and August 2019 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 September 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 16 RANULPH WAY?

16 RANULPH WAY is 123m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 16 RANULPH WAY lies on this distribution: 50% of detached houses are smaller than 16 RANULPH WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

16 RANULPH WAY: Plot and Title Map

16 RANULPH WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 16 RANULPH WAY, 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 RANULPH WAY). 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 RANULPH WAY?

16 RANULPH WAY is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 16 on RANULPH WAY.