45, RIFFHAMS DRIVE, GREAT BADDOW, CHELMSFORD, CM2 7DE - £435,000

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.

45 RIFFHAMS DRIVE is a midsized extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £487,523. It was last sold for £435,000 in May 2021, which was around 27% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

45 RIFFHAMS DRIVE Sold Prices

Land registry data shows two sales for 45 RIFFHAMS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 45 RIFFHAMS DRIVE 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 28 MAY	£435,000	£593,804	27% below HPI
2016 30 MAR	£382,500	£524,026	27% below HPI

45 RIFFHAMS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 45 RIFFHAMS DRIVE sales from March 2016 and May 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 March 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, which was also at 27% below the HPI.

What might 45 RIFFHAMS DRIVE be worth now?

45 RIFFHAMS DRIVE might now be worth an estimated £487,523.

This is based on house price inflation of 12.1%, between May 2021 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 45 RIFFHAMS DRIVE of £435,000 on 28th May 2021. For the value to have increased from £435,000 to £487,523 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 45 RIFFHAMS DRIVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 45 RIFFHAMS DRIVE has not materially changed since May 2021.

How Large is 45 RIFFHAMS DRIVE?

45 RIFFHAMS DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 45 RIFFHAMS DRIVE lies on this distribution: 41% of detached houses houses are smaller than 45 RIFFHAMS DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

45 RIFFHAMS DRIVE: Plot and Title Map

45 RIFFHAMS DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 45 RIFFHAMS DRIVE, 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 45 RIFFHAMS DRIVE). 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 45 RIFFHAMS DRIVE?

45 RIFFHAMS DRIVE is located in GREAT BADDOW, in the CM2 postcode district. The below map shows the position of No. 45 on RIFFHAMS DRIVE.