6, DOLBY RISE, CHELMSFORD, CM2 6XQ - £455,000

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.

6 DOLBY RISE is a very small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £528,726. It was last sold for £455,000 in July 2021, which was around 24% below the average July 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

6 DOLBY RISE Sold Prices

Land registry data shows three sales for 6 DOLBY RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 6 DOLBY 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 16 JUL	£455,000	£599,110	24% below HPI
2014 25 MAR	£315,000	£418,431	25% below HPI
1998 30 JUN	£129,000	£138,817	7% below HPI

6 DOLBY RISE 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 three 6 DOLBY RISE sales between June 1998 and July 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 DOLBY RISE be worth now?

6 DOLBY RISE might now be worth an estimated £528,726.

This is based on house price inflation of 16.2%, between July 2021 and June 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 16.2% inflationary increase is applied to the most recent sale price for 6 DOLBY RISE of £455,000 on 16th July 2021. For the value to have increased from £455,000 to £528,726 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 6 DOLBY RISE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 6 DOLBY RISE has not materially changed since July 2021.

How Large is 6 DOLBY RISE?

6 DOLBY RISE is 90m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 6 DOLBY RISE lies on this distribution: 19% of detached houses houses are smaller than 6 DOLBY RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

6 DOLBY RISE: Plot and Title Map

6 DOLBY RISE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 6 DOLBY 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 6 DOLBY 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 6 DOLBY RISE?

6 DOLBY RISE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 6 on DOLBY RISE.