8, PALMERS CROFT, CHELMSFORD, CM2 6SR - £510,000

8 PALMERS CROFT is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £510,000 in June 2021, which was around 14% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

8 PALMERS CROFT Sold Prices

Land registry data shows four sales for 8 PALMERS CROFT 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 8 PALMERS CROFT 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 30 JUN	£510,000	£592,899	14% below HPI
2019 29 MAY	£462,000	£593,093	22% below HPI
2000 11 FEB	£158,000	£173,378	9% below HPI
1995 30 JUN	£92,000	£103,339	11% below HPI

8 PALMERS CROFT 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 8 PALMERS CROFT sales between June 1995 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 May 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 PALMERS CROFT?

8 PALMERS CROFT is 96m² according to the EPC inspection conducted in September 2018. 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 8 PALMERS CROFT lies on this distribution: 24% of detached houses are smaller than 8 PALMERS CROFT, and 74% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 PALMERS CROFT: Plot and Title Map

8 PALMERS CROFT sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 8 PALMERS CROFT, 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 8 PALMERS CROFT). 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 8 PALMERS CROFT?

8 PALMERS CROFT is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 8 on PALMERS CROFT.