HILLRISE, COPT HILL, DANBURY, CHELMSFORD, CM3 4NN - £1,200,000

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.

HILLRISE is a very large extended detached house of 223m², built sometime between 1900 and 1929, which could now be worth an estimated £1,348,055. It was last sold for £1,200,000 in November 2020, which was around 103% above the average November 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

HILLRISE Sold Prices

Land registry data shows two sales for HILLRISE 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 HILLRISE 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
2020 6 NOV	£1,200,000	£592,410	103% above HPI
2015 4 SEP	£650,000	£487,822	33% above HPI

HILLRISE 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 HILLRISE sales from September 2015 and November 2020 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 September 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2020 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might HILLRISE be worth now?

HILLRISE might now be worth an estimated £1,348,055.

This is based on house price inflation of 12.3%, between November 2020 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 12.3% inflationary increase is applied to the most recent sale price for HILLRISE of £1,200,000 on 6th November 2020. For the value to have increased from £1,200,000 to £1,348,055 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of HILLRISE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2020 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of HILLRISE has not materially changed since November 2020.

How Large is HILLRISE?

HILLRISE is 223m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% 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 HILLRISE lies on this distribution: 85% of detached houses houses are smaller than HILLRISE, and 14% of houses are larger. Note that EPC data is not available for all properties in Danbury.

HILLRISE: Plot and Title Map

HILLRISE sits on a plot of roughly 0.271 of an acre, or 1,098m². The below map shows the location of HILLRISE, 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 HILLRISE). 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 HILLRISE?

HILLRISE is located on COPT HILL in DANBURY, in the CM3 postcode district. The below map shows the position of HILLRISE on COPT HILL.