12, HONYWOOD GARDENS, CHELMSFORD, CM2 0GB - £420,000

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.

12 HONYWOOD GARDENS is a very small detached house of 80m², which could now be worth an estimated £486,523. It was last sold for £420,000 in August 2017, which was around 27% below the average August 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was B.

12 HONYWOOD GARDENS Sold Prices

Land registry data shows two sales for 12 HONYWOOD GARDENS 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 HONYWOOD GARDENS 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
2017 21 AUG	£420,000	£574,506	27% below HPI
2011 7 JAN	£267,000	£374,207	29% below HPI

12 HONYWOOD GARDENS 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 HONYWOOD GARDENS sales from January 2011 and August 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 January 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 HONYWOOD GARDENS be worth now?

12 HONYWOOD GARDENS might now be worth an estimated £486,523.

This is based on house price inflation of 15.8%, between August 2017 and February 2025, for detached 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 15.8% inflationary increase is applied to the most recent sale price for 12 HONYWOOD GARDENS of £420,000 on 21st August 2017. For the value to have increased from £420,000 to £486,523 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 12 HONYWOOD GARDENS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HONYWOOD GARDENS has not materially changed since August 2017.

How Large is 12 HONYWOOD GARDENS?

12 HONYWOOD GARDENS is 80m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 12 HONYWOOD GARDENS lies on this distribution: 10% of detached houses houses are smaller than 12 HONYWOOD GARDENS, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 HONYWOOD GARDENS: Plot and Title Map

12 HONYWOOD GARDENS sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 HONYWOOD GARDENS, 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 HONYWOOD GARDENS). 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 HONYWOOD GARDENS?

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