4, RIVER VIEW TERRACE, ALTHORNE, CHELMSFORD, CM3 6UT - £250,000

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.

4 RIVER VIEW TERRACE is a very large semi-detached house of 287m², which could now be worth an estimated £447,145. It was last sold for £250,000 in July 2012, which was around 31% above the average July 2012 semi-detached price in the Maldon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

4 RIVER VIEW TERRACE Sold Prices

Land registry data shows two sales for 4 RIVER VIEW TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 4 RIVER VIEW TERRACE 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
2012 18 JUL	£250,000	£191,294	31% above HPI
2011 23 FEB	£200,000	£192,930	4% above HPI

4 RIVER VIEW TERRACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The two 4 RIVER VIEW TERRACE sales from February 2011 and July 2012 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 February 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2012 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 RIVER VIEW TERRACE be worth now?

4 RIVER VIEW TERRACE might now be worth an estimated £447,145.

This is based on house price inflation of 78.9%, between July 2012 and February 2025, for semi-detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.9% inflationary increase is applied to the most recent sale price for 4 RIVER VIEW TERRACE of £250,000 on 18th July 2012. For the value to have increased from £250,000 to £447,145 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 4 RIVER VIEW TERRACE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The July 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RIVER VIEW TERRACE has not materially changed since July 2012.

How Large is 4 RIVER VIEW TERRACE?

4 RIVER VIEW TERRACE is 287m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of semi-detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Althorne, and where 4 RIVER VIEW TERRACE lies on this distribution: 93% of semi-detached houses houses are smaller than 4 RIVER VIEW TERRACE, and 6% of houses are larger. Note that EPC data is not available for all properties in Althorne.

4 RIVER VIEW TERRACE: Plot and Title Map

4 RIVER VIEW TERRACE sits on a plot of roughly 0.305 of an acre, or 1,236m². The below map shows the location of 4 RIVER VIEW TERRACE, 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 RIVER VIEW TERRACE). 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 RIVER VIEW TERRACE?

4 RIVER VIEW TERRACE is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 4 on RIVER VIEW TERRACE.