1, GEPP PLACE, CHELMSFORD, CM2 6QS - £357,500

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 GEPP PLACE is a large detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £709,164. It was last sold for £357,500 in July 2009, which was around 7% above the average July 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

1 GEPP PLACE Sold Prices

Land registry data shows two sales for 1 GEPP 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 GEPP 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
2009 30 JUL	£357,500	£335,489	7% above HPI
2000 15 DEC	£285,000	£197,473	44% above HPI

1 GEPP 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 GEPP PLACE sales from December 2000 and July 2009 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 December 2000 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2009 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 GEPP PLACE be worth now?

1 GEPP PLACE might now be worth an estimated £709,164.

This is based on house price inflation of 98.4%, between July 2009 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 98.4% inflationary increase is applied to the most recent sale price for 1 GEPP PLACE of £357,500 on 30th July 2009. For the value to have increased from £357,500 to £709,164 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 1 GEPP PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2009 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GEPP PLACE has not materially changed since July 2009.

How Large is 1 GEPP PLACE?

1 GEPP PLACE is 146m² according to the EPC inspection conducted in February 2009. This puts it in the largest 30% 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 GEPP PLACE lies on this distribution: 71% of detached houses houses are smaller than 1 GEPP PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 GEPP PLACE: Plot and Title Map

1 GEPP PLACE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 1 GEPP 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 GEPP 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 GEPP PLACE?

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