12, LAMBOURNE CHASE, CHELMSFORD, CM2 9FF - £400,000

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 LAMBOURNE CHASE is a small extended detached house of 97m², built sometime from 2007 onwards, which could now be worth an estimated £450,984. It was last sold for £400,000 in August 2019, which was around 32% below the average August 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

12 LAMBOURNE CHASE Sold Prices

Land registry data shows two sales for 12 LAMBOURNE CHASE 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 LAMBOURNE CHASE 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
2019 16 AUG	£400,000	£590,266	32% below HPI
2008 28 NOV	£299,000	£345,133	13% below HPI

12 LAMBOURNE CHASE 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 LAMBOURNE CHASE sales from November 2008 and August 2019 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 November 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 LAMBOURNE CHASE be worth now?

12 LAMBOURNE CHASE might now be worth an estimated £450,984.

This is based on house price inflation of 12.7%, between August 2019 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 12.7% inflationary increase is applied to the most recent sale price for 12 LAMBOURNE CHASE of £400,000 on 16th August 2019. For the value to have increased from £400,000 to £450,984 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 12 LAMBOURNE CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAMBOURNE CHASE has not materially changed since August 2019.

How Large is 12 LAMBOURNE CHASE?

12 LAMBOURNE CHASE is 97m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% 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 LAMBOURNE CHASE lies on this distribution: 26% of detached houses houses are smaller than 12 LAMBOURNE CHASE, and 73% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 LAMBOURNE CHASE: Plot and Title Map

12 LAMBOURNE CHASE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 LAMBOURNE CHASE, 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 LAMBOURNE CHASE). 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 LAMBOURNE CHASE?

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