2, MERDLE SQUARE, CHELMSFORD, CM1 4WG - £350,000

2 MERDLE SQUARE is a large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2009, which was around 5% above the average July 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 MERDLE SQUARE Sold Prices

Land registry data shows two sales for 2 MERDLE SQUARE 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 MERDLE SQUARE 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
2009 23 JUL	£350,000	£331,949	5% above HPI
2000 29 JUN	£249,000	£182,428	36% above HPI

2 MERDLE SQUARE 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 MERDLE SQUARE sales from June 2000 and July 2009 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 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2009 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 MERDLE SQUARE?

2 MERDLE SQUARE is 158m² according to the EPC inspection conducted in March 2009. 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 MERDLE SQUARE lies on this distribution: 78% of detached houses are smaller than 2 MERDLE SQUARE, and 22% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 MERDLE SQUARE: Plot and Title Map

2 MERDLE SQUARE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2 MERDLE SQUARE, 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 MERDLE SQUARE). 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 MERDLE SQUARE?

2 MERDLE SQUARE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on MERDLE SQUARE.