125, CHIGNAL ROAD, CHELMSFORD, CM1 2JD - £535,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

125 CHIGNAL ROAD is a small detached house of 104m², built sometime between 1950 and 1966. It was last sold for £535,000 in August 2023, which was around 22% below the average August 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

125 CHIGNAL ROAD Sold Prices

Land registry data shows two sales for 125 CHIGNAL 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 125 CHIGNAL 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 25 AUG	£535,000	£681,767	22% below HPI
2010 23 JUL	£270,000	£372,211	27% below HPI

125 CHIGNAL 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 125 CHIGNAL ROAD sales from July 2010 and August 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 July 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 125 CHIGNAL ROAD?

125 CHIGNAL ROAD is 104m² according to the EPC inspection conducted in April 2023. 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 125 CHIGNAL ROAD lies on this distribution: 34% of detached houses are smaller than 125 CHIGNAL ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

125 CHIGNAL ROAD: Plot and Title Map

125 CHIGNAL ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 125 CHIGNAL 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 125 CHIGNAL 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 125 CHIGNAL ROAD?

125 CHIGNAL ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 125 on CHIGNAL ROAD.