16, SEVENTH AVENUE, CHELMSFORD, CM1 4EE - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 SEVENTH AVENUE is a midsized extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £315,000 in July 2013, which was around 19% below the average July 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

16 SEVENTH AVENUE Sold Prices

Land registry data shows three sales for 16 SEVENTH AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 16 SEVENTH AVENUE 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
2013 26 JUL	£315,000	£387,941	19% below HPI
2010 25 JUN	£310,000	£367,999	16% below HPI
2005 22 APR	£180,000	£320,173	44% below HPI

16 SEVENTH AVENUE 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 three 16 SEVENTH AVENUE sales between April 2005 and July 2013 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 June 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 16 SEVENTH AVENUE?

16 SEVENTH AVENUE is 127m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 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 16 SEVENTH AVENUE lies on this distribution: 56% of detached houses are smaller than 16 SEVENTH AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 SEVENTH AVENUE: Plot and Title Map

16 SEVENTH AVENUE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 16 SEVENTH AVENUE, 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 SEVENTH AVENUE). 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 SEVENTH AVENUE?

16 SEVENTH AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 16 on SEVENTH AVENUE.