16, SHERBORNE ROAD, CHELMSFORD, CM1 7NT - £600,000

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 SHERBORNE ROAD is a small detached house of 109m², built sometime between 1967 and 1975. It was last sold for £600,000 in August 2022, which was around 13% below the average August 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

16 SHERBORNE ROAD Sold Prices

Land registry data shows three sales for 16 SHERBORNE ROAD 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 SHERBORNE ROAD 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
2022 18 AUG	£600,000	£688,470	13% below HPI
2019 23 SEP	£447,000	£590,218	24% below HPI
2001 26 FEB	£149,250	£195,480	24% below HPI

16 SHERBORNE 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 three 16 SHERBORNE ROAD sales between February 2001 and August 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 September 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 SHERBORNE ROAD?

16 SHERBORNE ROAD is 109m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% 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 SHERBORNE ROAD lies on this distribution: 39% of detached houses are smaller than 16 SHERBORNE ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 SHERBORNE ROAD: Plot and Title Map

16 SHERBORNE ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 16 SHERBORNE 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 SHERBORNE 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 SHERBORNE ROAD?

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