12, RAINSFORD LANE, CHELMSFORD, CM1 2QW - £370,000

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 RAINSFORD LANE is a midsized extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £384,783. It was last sold for £370,000 in November 2021, which was around 42% below the average November 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

12 RAINSFORD LANE Sold Prices

Land registry data shows two sales for 12 RAINSFORD LANE 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 RAINSFORD LANE 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 8 NOV	£370,000	£639,933	42% below HPI
2015 7 JUL	£303,000	£470,373	36% below HPI

12 RAINSFORD LANE 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 RAINSFORD LANE sales from July 2015 and November 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 July 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 12 RAINSFORD LANE be worth now?

12 RAINSFORD LANE might now be worth an estimated £384,783.

This is based on house price inflation of 4%, between November 2021 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 4% inflationary increase is applied to the most recent sale price for 12 RAINSFORD LANE of £370,000 on 8th November 2021. For the value to have increased from £370,000 to £384,783 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 RAINSFORD LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RAINSFORD LANE has not materially changed since November 2021.

How Large is 12 RAINSFORD LANE?

12 RAINSFORD LANE is 119m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% 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 RAINSFORD LANE lies on this distribution: 49% of detached houses houses are smaller than 12 RAINSFORD LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 RAINSFORD LANE: Plot and Title Map

12 RAINSFORD LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 12 RAINSFORD LANE, 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 RAINSFORD LANE). 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 RAINSFORD LANE?

12 RAINSFORD LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 12 on RAINSFORD LANE.