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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 RIVERSIDE WAY is a very small detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £497,723. It was last sold for £450,000 in October 2021, which was around 14% 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	£522,991	14% below HPI
1997 4 APR	£116,000	£100,975	15% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 41 RIVERSIDE WAY be worth now?

41 RIVERSIDE WAY might now be worth an estimated £497,723.

This is based on house price inflation of 10.6%, between October 2021 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.6% inflationary increase is applied to the most recent sale price for 41 RIVERSIDE WAY of £450,000 on 18th October 2021. For the value to have increased from £450,000 to £497,723 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 41 RIVERSIDE WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 41 RIVERSIDE WAY has not materially changed since October 2021.

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 houses in Kelvedon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelvedon, and where 41 RIVERSIDE WAY lies on this distribution: 18% of detached houses houses are smaller than 41 RIVERSIDE WAY, and 80% 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.