9, SADDLE RISE, CHELMSFORD, CM1 6SX - £410,000

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

9 SADDLE RISE is a very small extended detached house of 70m², built sometime between 1976 and 1982. It was last sold for £410,000 in June 2023, which was around 38% below the average June 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

9 SADDLE RISE Sold Prices

Land registry data shows two sales for 9 SADDLE 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 Chelmsford local authority area for the corresponding sale date. Both of the two 9 SADDLE 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
2023 5 JUN	£410,000	£666,023	38% below HPI
2001 29 JUN	£117,500	£203,015	42% below HPI

9 SADDLE 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 two 9 SADDLE RISE sales from June 2001 and June 2023 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 June 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 9 SADDLE RISE?

9 SADDLE RISE is 70m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 9 SADDLE RISE lies on this distribution: 5% of detached houses are smaller than 9 SADDLE RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 SADDLE RISE: Plot and Title Map

9 SADDLE RISE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 9 SADDLE 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 9 SADDLE 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 9 SADDLE RISE?

9 SADDLE RISE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 9 on SADDLE RISE.