15, ALBRA MEAD, CHELMSFORD, CM2 6YG - £520,000

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

15 ALBRA MEAD is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £520,000 in October 2016, which was around 4% below the average October 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

15 ALBRA MEAD Sold Prices

Land registry data shows two sales for 15 ALBRA MEAD 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. One of the two 15 ALBRA MEAD sales was for below the average price, whilst the other was 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
2016 2 OCT	£520,000	£539,749	4% below HPI
1998 30 NOV	£156,000	£146,365	7% above HPI

15 ALBRA MEAD 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 15 ALBRA MEAD sales from November 1998 and October 2016 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 November 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 15 ALBRA MEAD?

15 ALBRA MEAD is 112m² according to the EPC inspection conducted in May 2015. 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 15 ALBRA MEAD lies on this distribution: 43% of detached houses are smaller than 15 ALBRA MEAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 ALBRA MEAD: Plot and Title Map

15 ALBRA MEAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 15 ALBRA MEAD, 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 15 ALBRA MEAD). 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 15 ALBRA MEAD?

15 ALBRA MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 15 on ALBRA MEAD.