16, PARADISE ROAD, WRITTLE, CHELMSFORD, CM1 3HP - £345,000

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.

16 PARADISE ROAD is a very small semi-detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £397,112. It was last sold for £345,000 in July 2020, which was around 3% below the average July 2020 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

16 PARADISE ROAD Sold Prices

Land registry data shows three sales for 16 PARADISE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 16 PARADISE ROAD sales were for below the average price, whilst one 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
2020 24 JUL	£345,000	£357,478	3% below HPI
2002 2 SEP	£169,950	£149,891	13% above HPI
1998 16 JAN	£56,000	£76,666	27% below HPI

16 PARADISE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 16 PARADISE ROAD sales between January 1998 and July 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 PARADISE ROAD be worth now?

16 PARADISE ROAD might now be worth an estimated £397,112.

This is based on house price inflation of 15.1%, between July 2020 and February 2025, for semi-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 15.1% inflationary increase is applied to the most recent sale price for 16 PARADISE ROAD of £345,000 on 24th July 2020. For the value to have increased from £345,000 to £397,112 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 16 PARADISE ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The July 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARADISE ROAD has not materially changed since July 2020.

How Large is 16 PARADISE ROAD?

16 PARADISE ROAD is 69m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of semi-detached houses houses in Writtle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Writtle, and where 16 PARADISE ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 16 PARADISE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Writtle.

16 PARADISE ROAD: Plot and Title Map

16 PARADISE ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 16 PARADISE 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 16 PARADISE 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 16 PARADISE ROAD?

16 PARADISE ROAD is located in WRITTLE, in the CM1 postcode district. The below map shows the position of No. 16 on PARADISE ROAD.