12, THE HEYTHROP, CHELMSFORD, CM2 6BX - £1,130,000

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 THE HEYTHROP is a very large extended detached house of 239m², built sometime between 1967 and 1975, which could now be worth an estimated £1,333,741. It was last sold for £1,130,000 in July 2020, which was around 92% above the average July 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

12 THE HEYTHROP Sold Prices

Land registry data shows two sales for 12 THE HEYTHROP 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 THE HEYTHROP 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
2020 23 JUL	£1,130,000	£589,838	92% above HPI
2012 27 JAN	£580,000	£371,592	56% above HPI

12 THE HEYTHROP 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 THE HEYTHROP sales from January 2012 and July 2020 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 2012 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2020 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might 12 THE HEYTHROP be worth now?

12 THE HEYTHROP might now be worth an estimated £1,333,741.

This is based on house price inflation of 18%, between July 2020 and June 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 18% inflationary increase is applied to the most recent sale price for 12 THE HEYTHROP of £1,130,000 on 23rd July 2020. For the value to have increased from £1,130,000 to £1,333,741 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 12 THE HEYTHROP has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2020 sale price of £1,130,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE HEYTHROP has not materially changed since July 2020.

How Large is 12 THE HEYTHROP?

12 THE HEYTHROP is 239m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 THE HEYTHROP lies on this distribution: 96% of detached houses houses are smaller than 12 THE HEYTHROP, and 4% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 THE HEYTHROP: Plot and Title Map

12 THE HEYTHROP sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of 12 THE HEYTHROP, 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 THE HEYTHROP). 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 THE HEYTHROP?

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