FIR TREES, RIFFHAMS LANE, DANBURY, CHELMSFORD, CM3 4DS - £1,060,000

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.

FIR TREES is a large extended detached house of 185m², built sometime between 1983 and 1990, which could now be worth an estimated £1,014,766. It was last sold for £1,060,000 in September 2022, which was around 52% above the average September 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

FIR TREES Sold Prices

Land registry data shows two sales for FIR TREES 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 FIR TREES 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
2022 30 SEP	£1,060,000	£695,166	52% above HPI
2007 22 OCT	£705,000	£390,510	81% above HPI

FIR TREES 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 FIR TREES sales from October 2007 and September 2022 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 October 2007 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the September 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might FIR TREES be worth now?

FIR TREES might now be worth an estimated £1,014,766.

This is based on house price deflation of 4.3%, between September 2022 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 4.3% deflationary decrease is applied to the most recent sale price for FIR TREES of £1,060,000 on 30th September 2022. For the value to have decreased from £1,060,000 to £1,014,766 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of FIR TREES has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2022 sale price of £1,060,000 represented a fair market value for the property.
• The size, condition, and specification of FIR TREES has not materially changed since September 2022.

How Large is FIR TREES?

FIR TREES is 185m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where FIR TREES lies on this distribution: 76% of detached houses houses are smaller than FIR TREES, and 24% of houses are larger. Note that EPC data is not available for all properties in Danbury.

FIR TREES: Plot and Title Map

FIR TREES sits on a plot of roughly 0.282 of an acre, or 1,143m². The below map shows the location of FIR TREES, 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 FIR TREES). 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 FIR TREES?

FIR TREES is located on RIFFHAMS LANE in DANBURY, in the CM3 postcode district. The below map shows the position of FIR TREES on RIFFHAMS LANE.