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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RAGWOOD is a midsized extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £732,908. It was last sold for £455,000 in February 2014, which was around 10% 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	£414,551	10% above HPI
2012 22 NOV	£450,000	£392,626	15% above HPI
2005 19 MAY	£278,000	£327,274	15% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might RAGWOOD be worth now?

RAGWOOD might now be worth an estimated £732,908.

This is based on house price inflation of 61.1%, between February 2014 and December 2024, 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 61.1% inflationary increase is applied to the most recent sale price for RAGWOOD of £455,000 on 24th February 2014. For the value to have increased from £455,000 to £732,908 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of RAGWOOD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2014 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of RAGWOOD has not materially changed since February 2014.

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 houses in Great Waltham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Waltham, and where RAGWOOD lies on this distribution: 48% of detached houses houses are smaller than RAGWOOD, and 52% 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.