1, THE CEDARS, CHELMSFORD, CM2 6BL - £650,000

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 THE CEDARS is a large extended detached house of 159m², built sometime between 2003 and 2006, which could now be worth an estimated £738,486. It was last sold for £650,000 in June 2020, which was around 11% above the average June 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

1 THE CEDARS Sold Prices

Land registry data shows two sales for 1 THE CEDARS 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 THE CEDARS 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 30 JUN	£650,000	£585,760	11% above HPI
2005 9 DEC	£415,000	£330,721	25% above HPI

1 THE CEDARS 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 THE CEDARS sales from December 2005 and June 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 December 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 THE CEDARS be worth now?

1 THE CEDARS might now be worth an estimated £738,486.

This is based on house price inflation of 13.6%, between June 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 13.6% inflationary increase is applied to the most recent sale price for 1 THE CEDARS of £650,000 on 30th June 2020. For the value to have increased from £650,000 to £738,486 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 1 THE CEDARS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE CEDARS has not materially changed since June 2020.

How Large is 1 THE CEDARS?

1 THE CEDARS is 159m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 THE CEDARS lies on this distribution: 78% of detached houses houses are smaller than 1 THE CEDARS, and 22% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 THE CEDARS: Plot and Title Map

1 THE CEDARS sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 1 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

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