47, CORNELIUS VALE, CHELMSFORD, CM2 6GY - £555,000

47 CORNELIUS VALE is a midsized extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £555,000 in June 2021, which was around 6% below the average June 2021 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.

47 CORNELIUS VALE Sold Prices

Land registry data shows four sales for 47 CORNELIUS VALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 47 CORNELIUS VALE 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
2021 21 JUN	£555,000	£592,899	6% below HPI
2016 8 JUL	£482,000	£524,445	8% below HPI
2006 30 NOV	£320,000	£348,223	8% below HPI
2002 20 DEC	£215,000	£277,642	23% below HPI

47 CORNELIUS VALE 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 four 47 CORNELIUS VALE sales between December 2002 and June 2021 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 July 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 47 CORNELIUS VALE?

47 CORNELIUS VALE is 128m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 47 CORNELIUS VALE lies on this distribution: 57% of detached houses are smaller than 47 CORNELIUS VALE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

47 CORNELIUS VALE: Plot and Title Map

47 CORNELIUS VALE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 47 CORNELIUS VALE, 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 47 CORNELIUS VALE). 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 47 CORNELIUS VALE?

47 CORNELIUS VALE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 47 on CORNELIUS VALE.