44, HIGHFIELD RISE, ALTHORNE, CHELMSFORD, CM3 6DN - £400,000

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

44 HIGHFIELD RISE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £400,000 in October 2021, which was around 24% below the average October 2021 detached price in the Maldon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

44 HIGHFIELD RISE Sold Prices

Land registry data shows two sales for 44 HIGHFIELD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 44 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
2021 26 OCT	£400,000	£526,441	24% below HPI
2006 15 NOV	£231,995	£299,293	22% below HPI

44 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 two 44 HIGHFIELD RISE sales from November 2006 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 November 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 44 HIGHFIELD RISE?

44 HIGHFIELD RISE is 61m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where 44 HIGHFIELD RISE lies on this distribution: 3% of detached houses are smaller than 44 HIGHFIELD RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Althorne.

44 HIGHFIELD RISE: Plot and Title Map

44 HIGHFIELD RISE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 44 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 44 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 44 HIGHFIELD RISE?

44 HIGHFIELD RISE is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 44 on HIGHFIELD RISE.