21, ALBRA MEAD, CHELMSFORD, CM2 6YG - £342,500

21 ALBRA MEAD is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £342,500 in October 2015, which was around 30% below the average October 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

21 ALBRA MEAD Sold Prices

Land registry data shows two sales for 21 ALBRA 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 21 ALBRA 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
2015 1 OCT	£342,500	£492,136	30% below HPI
1998 18 DEC	£120,000	£144,235	17% below HPI

21 ALBRA 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 21 ALBRA MEAD sales from December 1998 and October 2015 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 December 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 21 ALBRA MEAD?

21 ALBRA MEAD is 81m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 21 ALBRA MEAD lies on this distribution: 11% of detached houses are smaller than 21 ALBRA MEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

21 ALBRA MEAD: Plot and Title Map

21 ALBRA MEAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 21 ALBRA 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 21 ALBRA 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 21 ALBRA MEAD?

21 ALBRA MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 21 on ALBRA MEAD.