16, RIDGEWELL AVENUE, CHELMSFORD, CM1 2GA - £315,000

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.

16 RIDGEWELL AVENUE is a midsized extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £615,649. It was last sold for £315,000 in June 2006, which was around 7% below the average June 2006 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

16 RIDGEWELL AVENUE Sold Prices

Land registry data shows four sales for 16 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. two of the four 16 RIDGEWELL AVENUE sales were for below the average price, and four 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
2006 23 JUN	£315,000	£340,507	7% below HPI
2006 16 MAY	£315,000	£339,597	7% below HPI
2001 31 MAY	£234,000	£201,013	16% above HPI
1997 30 JUN	£167,500	£121,979	37% above HPI

16 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 16 RIDGEWELL AVENUE sales between June 1997 and June 2006 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 May 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2006 sale, which was also at 7% below the HPI.

What might 16 RIDGEWELL AVENUE be worth now?

16 RIDGEWELL AVENUE might now be worth an estimated £615,649.

This is based on house price inflation of 95.4%, between June 2006 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 95.4% inflationary increase is applied to the most recent sale price for 16 RIDGEWELL AVENUE of £315,000 on 23rd June 2006. For the value to have increased from £315,000 to £615,649 over the nineteen years and four months to February 2025, the following assumptions must hold true:

• The value of 16 RIDGEWELL AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2006 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RIDGEWELL AVENUE has not materially changed since June 2006.

How Large is 16 RIDGEWELL AVENUE?

16 RIDGEWELL AVENUE is 125m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 16 RIDGEWELL AVENUE lies on this distribution: 54% of detached houses houses are smaller than 16 RIDGEWELL AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 RIDGEWELL AVENUE: Plot and Title Map

16 RIDGEWELL AVENUE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 16 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 16 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 16 RIDGEWELL AVENUE?

16 RIDGEWELL AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 16 on RIDGEWELL AVENUE.