15, PONDS ROAD, CHELMSFORD, CM2 8QP - £725,000

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 PONDS ROAD is a very large detached house of 166m², built sometime between 1976 and 1982. It was last sold for £725,000 in October 2022, which was around 5% above the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

15 PONDS ROAD Sold Prices

Land registry data shows four sales for 15 PONDS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 15 PONDS ROAD sales were for above the average price, and four 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
2022 10 OCT	£725,000	£687,552	5% above HPI
2021 19 MAY	£3,000	£587,540	99% below HPI
2017 4 AUG	£510,000	£568,445	10% below HPI
2008 28 JUL	£425,000	£379,188	12% above HPI

15 PONDS 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 four 15 PONDS ROAD sales between July 2008 and October 2022 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 May 2021 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the October 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 15 PONDS ROAD?

15 PONDS ROAD is 166m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 15 PONDS ROAD lies on this distribution: 87% of detached houses are smaller than 15 PONDS ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

15 PONDS ROAD: Plot and Title Map

15 PONDS ROAD sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 15 PONDS 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 15 PONDS 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 15 PONDS ROAD?

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