48, RIVERSIDE WAY, KELVEDON, COLCHESTER, CO5 9LY - £475,000

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

48 RIVERSIDE WAY is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £475,000 in February 2024, which was around 9% below the average February 2024 detached price in the Braintree local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

48 RIVERSIDE WAY Sold Prices

Land registry data shows three sales for 48 RIVERSIDE WAY 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. One of the three 48 RIVERSIDE WAY sales was for below the average price, whilst two were 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
2024 8 FEB	£475,000	£520,744	9% below HPI
1997 3 SEP	£117,000	£102,701	14% above HPI
1997 27 MAR	£115,000	£97,497	18% above HPI

48 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 three 48 RIVERSIDE WAY sales between March 1997 and February 2024 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 RIVERSIDE WAY?

48 RIVERSIDE WAY is 115m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Kelvedon, based on EPC data. The below chart shows the distribution of detached houses by size in Kelvedon, and where 48 RIVERSIDE WAY lies on this distribution: 46% of detached houses are smaller than 48 RIVERSIDE WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Kelvedon.

48 RIVERSIDE WAY: Plot and Title Map

48 RIVERSIDE WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 48 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 48 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 48 RIVERSIDE WAY?

48 RIVERSIDE WAY is located in KELVEDON, in the CO5 postcode district. The below map shows the position of No. 48 on RIVERSIDE WAY.