12, GILMORE WAY, CHELMSFORD, CM2 7AN - £360,000

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

12 GILMORE WAY is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £360,000 in May 2021, which was around 39% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

12 GILMORE WAY Sold Prices

Land registry data shows two sales for 12 GILMORE 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. Both of the two 12 GILMORE WAY sales were for below 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
2021 21 MAY	£360,000	£587,540	39% below HPI
1999 22 DEC	£115,000	£167,082	31% below HPI

12 GILMORE 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 12 GILMORE WAY sales from December 1999 and May 2021 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 12 GILMORE WAY?

12 GILMORE WAY is 98m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 12 GILMORE WAY lies on this distribution: 27% of detached houses are smaller than 12 GILMORE WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 GILMORE WAY: Plot and Title Map

12 GILMORE WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 12 GILMORE 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 12 GILMORE 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 12 GILMORE WAY?

12 GILMORE WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on GILMORE WAY.