13, OLD SCHOOL FIELD, CHELMSFORD, CM1 7HU - £400,000

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.

13 OLD SCHOOL FIELD is a very small detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £446,920. It was last sold for £400,000 in October 2020, which was around 33% below the average October 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

13 OLD SCHOOL FIELD Sold Prices

Land registry data shows five sales for 13 OLD SCHOOL FIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 13 OLD SCHOOL FIELD 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
2020 9 OCT	£400,000	£595,633	33% below HPI
2017 15 SEP	£410,000	£568,831	28% below HPI
2005 16 SEP	£249,950	£332,059	25% below HPI
2001 28 AUG	£174,995	£212,073	17% below HPI
1999 6 APR	£141,950	£146,639	3% below HPI

13 OLD SCHOOL FIELD 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 five 13 OLD SCHOOL FIELD sales between April 1999 and October 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 September 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 13 OLD SCHOOL FIELD be worth now?

13 OLD SCHOOL FIELD might now be worth an estimated £446,920.

This is based on house price inflation of 11.7%, between October 2020 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 11.7% inflationary increase is applied to the most recent sale price for 13 OLD SCHOOL FIELD of £400,000 on 9th October 2020. For the value to have increased from £400,000 to £446,920 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 13 OLD SCHOOL FIELD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 13 OLD SCHOOL FIELD has not materially changed since October 2020.

How Large is 13 OLD SCHOOL FIELD?

13 OLD SCHOOL FIELD is 83m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 13 OLD SCHOOL FIELD lies on this distribution: 12% of detached houses houses are smaller than 13 OLD SCHOOL FIELD, and 87% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

13 OLD SCHOOL FIELD: Plot and Title Map

13 OLD SCHOOL FIELD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 13 OLD SCHOOL FIELD, 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 13 OLD SCHOOL FIELD). 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 13 OLD SCHOOL FIELD?

13 OLD SCHOOL FIELD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 13 on OLD SCHOOL FIELD.