41, RIDINGS AVENUE, GREAT NOTLEY, BRAINTREE, CM77 7ZP - £320,000

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

41 RIDINGS AVENUE is a midsized detached house of 124m², built sometime between 1996 and 2002. It was last sold for £320,000 in September 2014, which was around 12% below the average September 2014 detached price in the Braintree local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

41 RIDINGS AVENUE Sold Prices

Land registry data shows three sales for 41 RIDINGS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 41 RIDINGS AVENUE 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
2014 18 SEP	£320,000	£362,599	12% below HPI
2011 27 SEP	£240,000	£311,989	23% below HPI
2002 29 NOV	£195,000	£233,154	16% below HPI

41 RIDINGS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 41 RIDINGS AVENUE sales between November 2002 and September 2014 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 September 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 41 RIDINGS AVENUE?

41 RIDINGS AVENUE is 124m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 41 RIDINGS AVENUE lies on this distribution: 45% of detached houses are smaller than 41 RIDINGS AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

41 RIDINGS AVENUE: Plot and Title Map

41 RIDINGS AVENUE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 41 RIDINGS 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 41 RIDINGS 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 41 RIDINGS AVENUE?

41 RIDINGS AVENUE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 41 on RIDINGS AVENUE.