2, FALCONS MEAD, CHELMSFORD, CM2 0NN - £440,000

2 FALCONS MEAD is a large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £440,000 in April 2018, which was around 23% below the average April 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 FALCONS MEAD Sold Prices

Land registry data shows two sales for 2 FALCONS MEAD 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 2 FALCONS MEAD 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
2018 18 APR	£440,000	£568,341	23% below HPI
2002 28 JUN	£219,500	£245,730	11% below HPI

2 FALCONS MEAD 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 2 FALCONS MEAD sales from June 2002 and April 2018 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 June 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 FALCONS MEAD?

2 FALCONS MEAD is 144m² according to the EPC inspection conducted in August 2012. 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 2 FALCONS MEAD lies on this distribution: 70% of detached houses are smaller than 2 FALCONS MEAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 FALCONS MEAD: Plot and Title Map

2 FALCONS MEAD sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 2 FALCONS MEAD, 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 2 FALCONS MEAD). 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 2 FALCONS MEAD?

2 FALCONS MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 2 on FALCONS MEAD.