3, PARK AVENUE, CHELMSFORD, CM1 2AB - £900,000

3 PARK AVENUE is a very large extended detached house of 191m², built sometime between 1900 and 1929. It was last sold for £900,000 in December 2020, which was around 53% above the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

3 PARK AVENUE Sold Prices

Land registry data shows two sales for 3 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 3 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
2020 3 DEC	£900,000	£589,917	53% above HPI
1995 15 SEP	£135,000	£105,619	28% above HPI

3 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 3 PARK AVENUE sales from September 1995 and December 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 September 1995 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 3 PARK AVENUE?

3 PARK AVENUE is 191m², which includes four extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 3 PARK AVENUE lies on this distribution: 89% of detached houses are smaller than 3 PARK AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 PARK AVENUE: Plot and Title Map

3 PARK AVENUE sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of 3 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 3 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 3 PARK AVENUE?

3 PARK AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 3 on PARK AVENUE.