RAGWOOD, HATCHFIELDS, GREAT WALTHAM, CHELMSFORD, CM3 1DB - £455,000

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

RAGWOOD is a midsized extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £455,000 in February 2014, which was around 11% above the average February 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

RAGWOOD Sold Prices

Land registry data shows three sales for RAGWOOD 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. Two of the three RAGWOOD sales were for above the average price, whilst one was 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
2014 24 FEB	£455,000	£410,178	11% above HPI
2012 22 NOV	£450,000	£388,484	16% above HPI
2005 19 MAY	£278,000	£323,822	14% below HPI

RAGWOOD 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 RAGWOOD sales between May 2005 and February 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 November 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is RAGWOOD?

RAGWOOD is 137m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Great Waltham, based on EPC data. The below chart shows the distribution of detached houses by size in Great Waltham, and where RAGWOOD lies on this distribution: 46% of detached houses are smaller than RAGWOOD, and 54% of houses are larger. Note that EPC data is not available for all properties in Great Waltham.

RAGWOOD: Plot and Title Map

RAGWOOD sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of RAGWOOD, 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 RAGWOOD). 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 RAGWOOD?

RAGWOOD is located on HATCHFIELDS in GREAT WALTHAM, in the CM3 postcode district. The below map shows the position of RAGWOOD on HATCHFIELDS.