24, RIFFHAMS DRIVE, GREAT BADDOW, CHELMSFORD, CM2 7DD - £372,500

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.

24 RIFFHAMS DRIVE is a large extended detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £540,542. It was last sold for £372,500 in February 2015, which was around 19% below the average February 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

24 RIFFHAMS DRIVE Sold Prices

Land registry data shows four sales for 24 RIFFHAMS DRIVE 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 24 RIFFHAMS DRIVE 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
2015 2 FEB	£372,500	£458,612	19% below HPI
2006 16 NOV	£350,000	£351,936	1% below HPI
2004 7 APR	£250,000	£313,817	20% below HPI
1997 14 JUL	£114,000	£125,078	9% below HPI

24 RIFFHAMS DRIVE 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 24 RIFFHAMS DRIVE sales between July 1997 and February 2015 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 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 24 RIFFHAMS DRIVE be worth now?

24 RIFFHAMS DRIVE might now be worth an estimated £540,542.

This is based on house price inflation of 45.1%, between February 2015 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 45.1% inflationary increase is applied to the most recent sale price for 24 RIFFHAMS DRIVE of £372,500 on 2nd February 2015. For the value to have increased from £372,500 to £540,542 over the ten years to February 2025, the following assumptions must hold true:

• The value of 24 RIFFHAMS DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2015 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 24 RIFFHAMS DRIVE has not materially changed since February 2015.

How Large is 24 RIFFHAMS DRIVE?

24 RIFFHAMS DRIVE is 142m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% 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 24 RIFFHAMS DRIVE lies on this distribution: 68% of detached houses houses are smaller than 24 RIFFHAMS DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

24 RIFFHAMS DRIVE: Plot and Title Map

24 RIFFHAMS DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 24 RIFFHAMS DRIVE, 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 24 RIFFHAMS DRIVE). 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 24 RIFFHAMS DRIVE?

24 RIFFHAMS DRIVE is located in GREAT BADDOW, in the CM2 postcode district. The below map shows the position of No. 24 on RIFFHAMS DRIVE.