11, REDGATES PLACE, CHELMSFORD, CM2 6BG - £733,500

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 REDGATES PLACE is a large detached house of 146m², built sometime between 1983 and 1990. It was last sold for £733,500 in May 2023, which was around 11% above the average May 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

11 REDGATES PLACE Sold Prices

Land registry data shows four sales for 11 REDGATES PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 11 REDGATES PLACE 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
2023 31 MAY	£733,500	£659,206	11% above HPI
2019 19 JUL	£610,000	£587,286	4% above HPI
2012 29 OCT	£475,000	£389,956	22% above HPI
1995 25 MAY	£150,000	£104,385	44% above HPI

11 REDGATES PLACE 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 four 11 REDGATES PLACE sales between May 1995 and May 2023 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 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 11 REDGATES PLACE?

11 REDGATES PLACE is 146m² according to the EPC inspection conducted in December 2022. 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 REDGATES PLACE lies on this distribution: 71% of detached houses are smaller than 11 REDGATES PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 REDGATES PLACE: Plot and Title Map

11 REDGATES PLACE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 11 REDGATES PLACE, 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 REDGATES PLACE). 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 REDGATES PLACE?

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