16, PARK AVENUE, CHELMSFORD, CM1 2AA - £402,500

16 PARK AVENUE is a small extended detached house of 106m², built sometime between 1900 and 1929. It was last sold for £402,500 in May 2013, which was around 5% above the average May 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.

16 PARK AVENUE Sold Prices

Land registry data shows two sales for 16 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 16 PARK AVENUE 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
2013 24 MAY	£402,500	£384,464	5% above HPI
2005 20 APR	£357,000	£320,173	12% above HPI

16 PARK AVENUE 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 two 16 PARK AVENUE sales from April 2005 and May 2013 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 April 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2013 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 PARK AVENUE?

16 PARK AVENUE is 106m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 16 PARK AVENUE lies on this distribution: 36% of detached houses are smaller than 16 PARK AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 PARK AVENUE: Plot and Title Map

16 PARK AVENUE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 16 PARK AVENUE, 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 16 PARK AVENUE). 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 16 PARK AVENUE?

16 PARK AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 16 on PARK AVENUE.