HIGH RIDGE, WETHERSFIELD ROAD, SHALFORD, BRAINTREE, CM7 5HS - £495,000

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

HIGH RIDGE is a very large extended detached house of 168m², built sometime between 1900 and 1929. It was last sold for £495,000 in November 2012, which was around 59% above the average November 2012 detached price in the Braintree local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

HIGH RIDGE Sold Prices

Land registry data shows three sales for HIGH RIDGE 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. All of the three HIGH RIDGE 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
2012 14 NOV	£495,000	£311,126	59% above HPI
2006 25 JUL	£360,000	£294,225	22% above HPI
2005 16 DEC	£282,000	£279,361	1% above HPI

HIGH RIDGE 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 HIGH RIDGE sales between December 2005 and November 2012 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 July 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2012 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is HIGH RIDGE?

HIGH RIDGE is 168m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Shalford, based on EPC data. The below chart shows the distribution of detached houses by size in Shalford, and where HIGH RIDGE lies on this distribution: 80% of detached houses are smaller than HIGH RIDGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Shalford.

HIGH RIDGE: Plot and Title Map

HIGH RIDGE sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of HIGH RIDGE, 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 HIGH RIDGE). 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 HIGH RIDGE?

HIGH RIDGE is located on WETHERSFIELD ROAD in SHALFORD, in the CM7 postcode district. The below map shows the position of HIGH RIDGE on WETHERSFIELD ROAD.