16, SADDLE RISE, CHELMSFORD, CM1 6SX - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 SADDLE RISE is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £410,000 in March 2021, which was around 32% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

16 SADDLE RISE Sold Prices

Land registry data shows four sales for 16 SADDLE RISE 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. All of the four 16 SADDLE 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
2021 5 MAR	£410,000	£598,971	32% below HPI
2014 17 NOV	£360,000	£451,928	20% below HPI
2006 6 JAN	£189,000	£325,643	42% below HPI
2001 31 AUG	£112,000	£209,836	47% below HPI

16 SADDLE 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 four 16 SADDLE RISE sales between August 2001 and March 2021 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 November 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 SADDLE RISE?

16 SADDLE RISE is 116m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 16 SADDLE RISE lies on this distribution: 46% of detached houses are smaller than 16 SADDLE RISE, and 53% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 SADDLE RISE: Plot and Title Map

16 SADDLE RISE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 16 SADDLE 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 16 SADDLE 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 16 SADDLE RISE?

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