4, HIGHFIELD RISE, ALTHORNE, CHELMSFORD, CM3 6DN - £305,000

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

4 HIGHFIELD RISE is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £305,000 in November 2010, which was around 1% below the average November 2010 detached price in the Maldon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

4 HIGHFIELD RISE Sold Prices

Land registry data shows three sales for 4 HIGHFIELD RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three 4 HIGHFIELD 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
2010 1 NOV	£305,000	£306,645	1% below HPI
2000 17 MAR	£119,500	£139,757	14% below HPI
1995 11 AUG	£66,000	£92,613	29% below HPI

4 HIGHFIELD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The three 4 HIGHFIELD RISE sales between August 1995 and November 2010 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 March 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2010 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 HIGHFIELD RISE?

4 HIGHFIELD RISE is 147m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 4 HIGHFIELD RISE lies on this distribution: 71% of detached houses are smaller than 4 HIGHFIELD RISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Althorne.

4 HIGHFIELD RISE: Plot and Title Map

4 HIGHFIELD RISE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 4 HIGHFIELD 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 4 HIGHFIELD 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 4 HIGHFIELD RISE?

4 HIGHFIELD RISE is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 4 on HIGHFIELD RISE.