1, PIPCHIN ROAD, CHELMSFORD, CM1 4XT - £194,500

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 PIPCHIN ROAD is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £194,500 in May 2009, which was around 39% below the average May 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

1 PIPCHIN ROAD Sold Prices

Land registry data shows two sales for 1 PIPCHIN 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 PIPCHIN 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
2009 27 MAY	£194,500	£320,560	39% below HPI
1999 22 NOV	£87,000	£163,282	47% below HPI

1 PIPCHIN 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 PIPCHIN ROAD sales from November 1999 and May 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 November 1999 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2009 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 PIPCHIN ROAD?

1 PIPCHIN ROAD is 73m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% 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 PIPCHIN ROAD lies on this distribution: 7% of detached houses are smaller than 1 PIPCHIN ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 PIPCHIN ROAD: Plot and Title Map

1 PIPCHIN ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 1 PIPCHIN 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 PIPCHIN 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 PIPCHIN ROAD?

1 PIPCHIN ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 1 on PIPCHIN ROAD.