1, FORDSON ROAD, CHELMSFORD, CM2 5PJ - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FORDSON ROAD is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £185,000 in June 2005, which was around 44% below the average June 2005 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

1 FORDSON ROAD Sold Prices

Land registry data shows two sales for 1 FORDSON ROAD 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 FORDSON ROAD 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
2005 8 JUN	£185,000	£328,061	44% below HPI
2002 28 MAR	£155,000	£225,472	31% below HPI

1 FORDSON ROAD 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 FORDSON ROAD sales from March 2002 and June 2005 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 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2005 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1 FORDSON ROAD?

1 FORDSON ROAD is 101m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 FORDSON ROAD lies on this distribution: 31% of detached houses are smaller than 1 FORDSON ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 FORDSON ROAD: Plot and Title Map

1 FORDSON ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 FORDSON ROAD, 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 FORDSON ROAD). 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 FORDSON ROAD?

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