10, FALCONS MEAD, CHELMSFORD, CM2 0NN - £440,000

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.

10 FALCONS MEAD is a midsized terraced house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £549,682. It was last sold for £440,000 in May 2018, which was around 60% above the average May 2018 terraced price in the Chelmsford local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

10 FALCONS MEAD Sold Prices

Land registry data shows four sales for 10 FALCONS MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the four 10 FALCONS MEAD 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
2018 18 MAY	£440,000	£275,669	60% above HPI
2013 11 NOV	£307,500	£196,133	57% above HPI
2006 4 DEC	£290,000	£177,699	63% above HPI
2002 28 JUN	£224,500	£111,555	101% above HPI

10 FALCONS MEAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The four 10 FALCONS MEAD sales between June 2002 and May 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 November 2013 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 10 FALCONS MEAD be worth now?

10 FALCONS MEAD might now be worth an estimated £549,682.

This is based on house price inflation of 24.9%, between May 2018 and June 2025, for terraced 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 24.9% inflationary increase is applied to the most recent sale price for 10 FALCONS MEAD of £440,000 on 18th May 2018. For the value to have increased from £440,000 to £549,682 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 10 FALCONS MEAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FALCONS MEAD has not materially changed since May 2018.

How Large is 10 FALCONS MEAD?

10 FALCONS MEAD is 114m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 10 FALCONS MEAD lies on this distribution: 44% of terraced houses houses are smaller than 10 FALCONS MEAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

10 FALCONS MEAD: Plot and Title Map

10 FALCONS MEAD sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 10 FALCONS MEAD, 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 10 FALCONS MEAD). 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 10 FALCONS MEAD?

10 FALCONS MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 10 on FALCONS MEAD.