OAKWOOD, RIFFHAMS LANE, DANBURY, CHELMSFORD, CM3 4DS - £550,000

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

OAKWOOD is a large detached house of 196m², built sometime between 1900 and 1929. It was last sold for £550,000 in November 2014, which was around 22% above the average November 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

OAKWOOD Sold Prices

Land registry data shows three sales for OAKWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three OAKWOOD 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 21 NOV	£550,000	£451,928	22% above HPI
2007 5 JUL	£520,000	£379,815	37% above HPI
1995 16 JAN	£128,000	£106,805	20% above HPI

OAKWOOD 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 three OAKWOOD sales between January 1995 and November 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 July 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 196m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where OAKWOOD lies on this distribution: 80% of detached houses are smaller than OAKWOOD, and 20% of houses are larger. Note that EPC data is not available for all properties in Danbury.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

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