38, SUTTON MEAD, CHELMSFORD, CM2 6QB - £400,000

38 SUTTON MEAD is a small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £400,000 in February 2017, which was around 27% below the average February 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

38 SUTTON MEAD Sold Prices

Land registry data shows two sales for 38 SUTTON 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 38 SUTTON 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
2017 9 FEB	£400,000	£549,323	27% below HPI
2007 24 MAY	£284,000	£370,376	23% below HPI

38 SUTTON 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 38 SUTTON MEAD sales from May 2007 and February 2017 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 May 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 SUTTON MEAD?

38 SUTTON MEAD is 107m², which includes three extensions, according to the EPC inspection conducted in September 2016. 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 38 SUTTON MEAD lies on this distribution: 37% of detached houses are smaller than 38 SUTTON MEAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

38 SUTTON MEAD: Plot and Title Map

38 SUTTON MEAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 38 SUTTON 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 38 SUTTON 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 38 SUTTON MEAD?

38 SUTTON MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 38 on SUTTON MEAD.