13, RICHARDSON PLACE, CHELMSFORD, CM1 2GD - £440,000

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 RICHARDSON PLACE is a large extended detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £775,176. It was last sold for £440,000 in October 2010, which was around 16% above the average October 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

13 RICHARDSON PLACE Sold Prices

Land registry data shows two sales for 13 RICHARDSON PLACE 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 13 RICHARDSON PLACE 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
2010 22 OCT	£440,000	£377,747	16% above HPI
1996 12 DEC	£189,950	£111,710	70% above HPI

13 RICHARDSON PLACE 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 13 RICHARDSON PLACE sales from December 1996 and October 2010 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 December 1996 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2010 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 13 RICHARDSON PLACE be worth now?

13 RICHARDSON PLACE might now be worth an estimated £775,176.

This is based on house price inflation of 76.2%, between October 2010 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 76.2% inflationary increase is applied to the most recent sale price for 13 RICHARDSON PLACE of £440,000 on 22nd October 2010. For the value to have increased from £440,000 to £775,176 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 13 RICHARDSON PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2010 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 13 RICHARDSON PLACE has not materially changed since October 2010.

How Large is 13 RICHARDSON PLACE?

13 RICHARDSON PLACE is 147m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 30% 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 RICHARDSON PLACE lies on this distribution: 71% of detached houses houses are smaller than 13 RICHARDSON PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

13 RICHARDSON PLACE: Plot and Title Map

13 RICHARDSON PLACE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 13 RICHARDSON PLACE, 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 RICHARDSON PLACE). 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 RICHARDSON PLACE?

13 RICHARDSON PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 13 on RICHARDSON PLACE.