11, PONDS ROAD, CHELMSFORD, CM2 8QP - £475,000

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

11 PONDS ROAD is a small detached house of 120m², built sometime between 1967 and 1975. It was last sold for £475,000 in January 2016, which was around 5% below the average January 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

11 PONDS ROAD Sold Prices

Land registry data shows three sales for 11 PONDS ROAD 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. One of the three 11 PONDS ROAD sales was for below the average price, whilst two 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
2016 14 JAN	£475,000	£500,319	5% below HPI
2007 16 OCT	£437,000	£386,390	13% above HPI
2001 23 JUL	£245,000	£203,973	20% above HPI

11 PONDS 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 three 11 PONDS ROAD sales between July 2001 and January 2016 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 October 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 PONDS ROAD?

11 PONDS ROAD is 120m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 11 PONDS ROAD lies on this distribution: 39% of detached houses are smaller than 11 PONDS ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

11 PONDS ROAD: Plot and Title Map

11 PONDS ROAD sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 11 PONDS 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 11 PONDS 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 11 PONDS ROAD?

11 PONDS ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 11 on PONDS ROAD.