1, BELGRAVE PLACE, CHELMSFORD, CM2 6FR - £610,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BELGRAVE PLACE is a very large detached house of 171m², built sometime from 2007 onwards, which could now be worth an estimated £698,126. It was last sold for £610,000 in February 2020, which was around 5% above the average February 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

1 BELGRAVE PLACE Sold Prices

Land registry data shows two sales for 1 BELGRAVE PLACE 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 1 BELGRAVE PLACE sales were for above 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
2020 26 FEB	£610,000	£581,493	5% above HPI
2009 27 MAR	£450,000	£319,307	41% above HPI

1 BELGRAVE PLACE 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 1 BELGRAVE PLACE sales from March 2009 and February 2020 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 March 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 BELGRAVE PLACE be worth now?

1 BELGRAVE PLACE might now be worth an estimated £698,126.

This is based on house price inflation of 14.4%, between February 2020 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 1 BELGRAVE PLACE of £610,000 on 26th February 2020. For the value to have increased from £610,000 to £698,126 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 BELGRAVE PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2020 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BELGRAVE PLACE has not materially changed since February 2020.

How Large is 1 BELGRAVE PLACE?

1 BELGRAVE PLACE is 171m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 1 BELGRAVE PLACE lies on this distribution: 83% of detached houses houses are smaller than 1 BELGRAVE PLACE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 BELGRAVE PLACE: Plot and Title Map

1 BELGRAVE PLACE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 1 BELGRAVE PLACE, 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 1 BELGRAVE PLACE). 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 1 BELGRAVE PLACE?

1 BELGRAVE PLACE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 1 on BELGRAVE PLACE.