7, ALBRA MEAD, CHELMSFORD, CM2 6YG - £250,000

7 ALBRA MEAD is a very small detached house of 74m². It was last sold for £250,000 in June 2013, which was around 35% below the average June 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

7 ALBRA MEAD Sold Prices

Land registry data shows four sales for 7 ALBRA MEAD 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 7 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
2013 7 JUN	£250,000	£384,555	35% below HPI
2010 26 FEB	£250,000	£354,375	29% below HPI
2007 2 APR	£252,000	£363,680	31% below HPI
1999 27 MAY	£120,500	£146,756	18% below HPI

7 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 four 7 ALBRA MEAD sales between May 1999 and June 2013 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 February 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 ALBRA MEAD?

7 ALBRA MEAD is 74m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 7 ALBRA MEAD lies on this distribution: 7% of detached houses are smaller than 7 ALBRA MEAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 ALBRA MEAD: Plot and Title Map

7 ALBRA MEAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 7 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 7 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 7 ALBRA MEAD?

7 ALBRA MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 7 on ALBRA MEAD.