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 RICHARDSON PLACE is a large extended detached house of 146m², built sometime between 1996 and 2002. It was last sold for £370,000 in March 2004, which was around 19% above the average March 2004 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 17 RICHARDSON PLACE since 1st 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 RICHARDSON PLACE 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 |
---|---|---|---|
2004 26 MAR | £370,000 | £310,731 | 19% above HPI |
1997 24 MAR | £189,950 | £112,071 | 69% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 17 RICHARDSON PLACE sales from March 1997 and March 2004 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 March 1997 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2004 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
17 RICHARDSON PLACE is 146m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% 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 RICHARDSON PLACE lies on this distribution: 71% of detached houses are smaller than 17 RICHARDSON PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
17 RICHARDSON PLACE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 17 RICHARDSON PLACE, 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 RICHARDSON PLACE). 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.
17 RICHARDSON PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 17 on RICHARDSON PLACE.