124, CHELMER ROAD, CHELMSFORD, CM2 6AB - £383,000

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

124 CHELMER ROAD is a small extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £383,000 in November 2018, which was around 34% below the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

124 CHELMER ROAD Sold Prices

Land registry data shows two sales for 124 CHELMER ROAD 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 124 CHELMER 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
2018 8 NOV	£383,000	£577,768	34% below HPI
2007 9 FEB	£262,500	£350,299	25% below HPI

124 CHELMER 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 two 124 CHELMER ROAD sales from February 2007 and November 2018 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 February 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 124 CHELMER ROAD?

124 CHELMER ROAD is 109m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 124 CHELMER ROAD lies on this distribution: 39% of detached houses are smaller than 124 CHELMER ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

124 CHELMER ROAD: Plot and Title Map

124 CHELMER ROAD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 124 CHELMER 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 124 CHELMER 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 124 CHELMER ROAD?

124 CHELMER ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 124 on CHELMER ROAD.