RIVENDELL, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6BU - £310,000

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

RIVENDELL is a large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £437,263. It was last sold for £310,000 in January 2016, which was around 23% below the average January 2016 detached price in the Maldon local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

RIVENDELL Sold Prices

Land registry data shows two sales for RIVENDELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two RIVENDELL sales was for below the average price, whilst the other was 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
2016 29 JAN	£310,000	£401,338	23% below HPI
2003 1 AUG	£265,000	£260,938	2% above HPI

RIVENDELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two RIVENDELL sales from August 2003 and January 2016 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 August 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might RIVENDELL be worth now?

RIVENDELL might now be worth an estimated £437,263.

This is based on house price inflation of 41.1%, between January 2016 and December 2024, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for RIVENDELL of £310,000 on 29th January 2016. For the value to have increased from £310,000 to £437,263 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of RIVENDELL has moved in line with the HPI for detached houses in the Maldon local authority area.
• The January 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of RIVENDELL has not materially changed since January 2016.

How Large is RIVENDELL?

RIVENDELL is 161m² according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Althorne, and where RIVENDELL lies on this distribution: 75% of detached houses houses are smaller than RIVENDELL, and 24% of houses are larger. Note that EPC data is not available for all properties in Althorne.

RIVENDELL: Plot and Title Map

RIVENDELL sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of RIVENDELL, 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 RIVENDELL). 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 RIVENDELL?

RIVENDELL is located on BURNHAM ROAD in ALTHORNE, in the CM3 postcode district. The below map shows the position of RIVENDELL on BURNHAM ROAD.