17, OAKLEA AVENUE, CHELMSFORD, CM2 6BY - £845,000

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

17 OAKLEA AVENUE is a small detached house of 109m², built sometime between 1930 and 1949. It was last sold for £845,000 in June 2024, which was around 29% above the average June 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

17 OAKLEA AVENUE Sold Prices

Land registry data shows two sales for 17 OAKLEA AVENUE 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. Both of the two 17 OAKLEA AVENUE sales were 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
2024 5 JUN	£845,000	£656,749	29% above HPI
1998 30 JAN	£148,000	£133,036	11% above HPI

17 OAKLEA 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 two 17 OAKLEA AVENUE sales from January 1998 and June 2024 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 January 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2024 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 17 OAKLEA AVENUE?

17 OAKLEA AVENUE is 109m² according to the EPC inspection conducted in June 2022. 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 17 OAKLEA AVENUE lies on this distribution: 39% of detached houses are smaller than 17 OAKLEA AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

17 OAKLEA AVENUE: Plot and Title Map

17 OAKLEA AVENUE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 17 OAKLEA 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 17 OAKLEA 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 17 OAKLEA AVENUE?

17 OAKLEA AVENUE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 17 on OAKLEA AVENUE.