56, CRAISTON WAY, CHELMSFORD, CM2 8EB - £535,000

56 CRAISTON WAY is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £535,000 in March 2023, which was around 20% below the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

56 CRAISTON WAY Sold Prices

Land registry data shows three sales for 56 CRAISTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The three 56 CRAISTON WAY sales were a mix of below the average price, and roughly equal to 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
2023 13 MAR	£535,000	£669,908	20% below HPI
2002 31 OCT	£250,000	£265,315	6% below HPI
1996 30 JUL	£105,500	£105,775	Close to HPI

56 CRAISTON WAY 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 three 56 CRAISTON WAY sales between July 1996 and March 2023 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 October 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 56 CRAISTON WAY?

56 CRAISTON WAY is 136m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 56 CRAISTON WAY lies on this distribution: 63% of detached houses are smaller than 56 CRAISTON WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

56 CRAISTON WAY: Plot and Title Map

56 CRAISTON WAY sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 56 CRAISTON WAY, 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 56 CRAISTON WAY). 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 56 CRAISTON WAY?

56 CRAISTON WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 56 on CRAISTON WAY.