Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 RIDDIFORD DRIVE is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £465,000 in June 2014, which was around 10% above the average June 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 RIDDIFORD DRIVE since 1st 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 8 RIDDIFORD DRIVE sales 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 |
---|---|---|---|
2014 30 JUN | £465,000 | £424,186 | 10% above HPI |
1997 27 MAR | £162,500 | £112,071 | 45% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 8 RIDDIFORD DRIVE sales from March 1997 and June 2014 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 1997 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
8 RIDDIFORD DRIVE is 118m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 8 RIDDIFORD DRIVE lies on this distribution: 48% of detached houses are smaller than 8 RIDDIFORD DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
8 RIDDIFORD DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 8 RIDDIFORD 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 8 RIDDIFORD 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.
8 RIDDIFORD DRIVE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 8 on RIDDIFORD DRIVE.