7, CHANCELLOR AVENUE, SPRINGFIELD, CHELMSFORD, CM2 6WS - £288,000

7 CHANCELLOR AVENUE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £288,000 in October 2010, which was around 23% below the average October 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

7 CHANCELLOR AVENUE Sold Prices

Land registry data shows four sales for 7 CHANCELLOR AVENUE 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 CHANCELLOR AVENUE 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
2010 26 OCT	£288,000	£373,762	23% below HPI
2004 29 OCT	£248,495	£327,699	24% below HPI
2001 30 NOV	£175,000	£216,732	19% below HPI
1998 19 AUG	£120,000	£141,906	15% below HPI

7 CHANCELLOR 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 four 7 CHANCELLOR AVENUE sales between August 1998 and October 2010 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 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2010 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 CHANCELLOR AVENUE?

7 CHANCELLOR AVENUE is 80m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 7 CHANCELLOR AVENUE lies on this distribution: 10% of detached houses are smaller than 7 CHANCELLOR AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 CHANCELLOR AVENUE: Plot and Title Map

7 CHANCELLOR AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 CHANCELLOR 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 7 CHANCELLOR 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 7 CHANCELLOR AVENUE?

7 CHANCELLOR AVENUE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 7 on CHANCELLOR AVENUE.