156, WOOD STREET, CHELMSFORD, CM2 8BN - £515,000

156 WOOD STREET is a large extended detached house of 150m², built sometime between 1900 and 1929. It was last sold for £515,000 in July 2020, which was around 12% below the average July 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

156 WOOD STREET Sold Prices

Land registry data shows five sales for 156 WOOD STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 156 WOOD STREET sales were 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
2020 1 JUL	£515,000	£583,616	12% below HPI
2019 31 JUL	£545,000	£587,286	7% below HPI
2006 28 FEB	£246,000	£326,796	25% below HPI
2004 15 DEC	£250,000	£324,566	23% below HPI
1998 18 DEC	£135,000	£144,235	6% below HPI

156 WOOD STREET 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 five 156 WOOD STREET sales between December 1998 and July 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 July 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 156 WOOD STREET?

156 WOOD STREET is 150m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 156 WOOD STREET lies on this distribution: 73% of detached houses are smaller than 156 WOOD STREET, and 26% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

156 WOOD STREET: Plot and Title Map

156 WOOD STREET sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 156 WOOD STREET, 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 156 WOOD STREET). 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 156 WOOD STREET?

156 WOOD STREET is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 156 on WOOD STREET.