7, GIBSON VALE, BROOMFIELD, CHELMSFORD, CM1 7GD - £297,000

7 GIBSON VALE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £297,000 in March 2013, which was around 22% below the average March 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

7 GIBSON VALE Sold Prices

Land registry data shows two sales for 7 GIBSON VALE 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 7 GIBSON 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
2013 26 MAR	£297,000	£380,196	22% below HPI
2008 8 MAY	£308,000	£381,013	19% below HPI

7 GIBSON 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 two 7 GIBSON VALE sales from May 2008 and March 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 May 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 GIBSON VALE?

7 GIBSON VALE is 100m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% 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 GIBSON VALE lies on this distribution: 30% of detached houses are smaller than 7 GIBSON VALE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 GIBSON VALE: Plot and Title Map

7 GIBSON VALE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 7 GIBSON 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 7 GIBSON 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 7 GIBSON VALE?

7 GIBSON VALE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 7 on GIBSON VALE.