121, BEECHES ROAD, CHELMSFORD, CM1 2SA - £535,000

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

121 BEECHES ROAD is a midsized detached house of 119m², built sometime between 1976 and 1982. It was last sold for £535,000 in February 2023, which was around 21% below the average February 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

121 BEECHES ROAD Sold Prices

Land registry data shows three sales for 121 BEECHES ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 121 BEECHES ROAD 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
2023 28 FEB	£535,000	£677,095	21% below HPI
2020 26 MAY	£385,000	£587,055	34% below HPI
1995 6 OCT	£74,000	£104,881	29% below HPI

121 BEECHES ROAD 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 three 121 BEECHES ROAD sales between October 1995 and February 2023 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 May 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 121 BEECHES ROAD?

121 BEECHES ROAD is 119m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 121 BEECHES ROAD lies on this distribution: 49% of detached houses are smaller than 121 BEECHES ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

121 BEECHES ROAD: Plot and Title Map

121 BEECHES ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 121 BEECHES ROAD, 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 121 BEECHES ROAD). 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 121 BEECHES ROAD?

121 BEECHES ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 121 on BEECHES ROAD.