41, RIVERSIDE WAY, KELVEDON, COLCHESTER, CO5 9LX - £450,000

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 RIVERSIDE WAY is a very small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £450,000 in October 2021, which was around 10% below the average October 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

41 RIVERSIDE WAY Sold Prices

Land registry data shows two sales for 41 RIVERSIDE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the two 41 RIVERSIDE WAY sales was for below the average price, whilst the other was 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
2021 18 OCT	£450,000	£500,023	10% below HPI
1997 4 APR	£116,000	£96,540	20% above HPI

41 RIVERSIDE WAY 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 two 41 RIVERSIDE WAY sales from April 1997 and October 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 April 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 41 RIVERSIDE WAY?

41 RIVERSIDE WAY is 100m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Kelvedon, based on EPC data. The below chart shows the distribution of detached houses by size in Kelvedon, and where 41 RIVERSIDE WAY lies on this distribution: 19% of detached houses are smaller than 41 RIVERSIDE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Kelvedon.

41 RIVERSIDE WAY: Plot and Title Map

41 RIVERSIDE WAY sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 41 RIVERSIDE WAY, 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 RIVERSIDE WAY). 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 RIVERSIDE WAY?

41 RIVERSIDE WAY is located in KELVEDON, in the CO5 postcode district. The below map shows the position of No. 41 on RIVERSIDE WAY.