11, MICAWBER WAY, CHELMSFORD, CM1 4UG - £560,000

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

11 MICAWBER WAY is a large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £560,000 in July 2017, which was around 1% below the average July 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

11 MICAWBER WAY Sold Prices

Land registry data shows two sales for 11 MICAWBER WAY 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. One of the two 11 MICAWBER WAY sales was for below the average price, whilst the other was 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
2017 13 JUL	£560,000	£567,145	1% below HPI
2013 10 JUL	£435,000	£387,941	12% above HPI

11 MICAWBER WAY 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 11 MICAWBER WAY sales from July 2013 and July 2017 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 July 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 11 MICAWBER WAY?

11 MICAWBER WAY is 157m², which includes four extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 11 MICAWBER WAY lies on this distribution: 76% of detached houses are smaller than 11 MICAWBER WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 MICAWBER WAY: Plot and Title Map

11 MICAWBER WAY sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 11 MICAWBER WAY, 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 11 MICAWBER WAY). 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 11 MICAWBER WAY?

11 MICAWBER WAY is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 11 on MICAWBER WAY.