1, PEARCE MANOR, CHELMSFORD, CM2 9XH - £488,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PEARCE MANOR is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £488,000 in December 2018, which was around 15% below the average December 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

1 PEARCE MANOR Sold Prices

Land registry data shows three sales for 1 PEARCE MANOR since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 1 PEARCE MANOR 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
2018 3 DEC	£488,000	£576,813	15% below HPI
2016 2 DEC	£410,000	£536,950	24% below HPI
2016 31 AUG	£400,000	£538,334	26% below HPI

1 PEARCE MANOR 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 three 1 PEARCE MANOR sales between August 2016 and December 2018 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 PEARCE MANOR?

1 PEARCE MANOR is 104m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 PEARCE MANOR lies on this distribution: 34% of detached houses are smaller than 1 PEARCE MANOR, and 65% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 PEARCE MANOR: Plot and Title Map

1 PEARCE MANOR sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 PEARCE MANOR, 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 PEARCE MANOR). 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 PEARCE MANOR?

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