18, BRUCE GROVE, CHELMSFORD, CM2 9AX - £270,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 BRUCE GROVE is a very small detached house of 61m², built sometime between 1930 and 1949. It was last sold for £270,000 in June 2019, which was around 54% below the average June 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

18 BRUCE GROVE Sold Prices

Land registry data shows four sales for 18 BRUCE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 18 BRUCE GROVE 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
2019 27 JUN	£270,000	£583,524	54% below HPI
2005 28 APR	£178,000	£320,173	44% below HPI
1998 17 MAR	£67,250	£134,692	50% below HPI
1996 4 SEP	£59,995	£110,268	46% below HPI

18 BRUCE GROVE 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 four 18 BRUCE GROVE sales between September 1996 and June 2019 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 April 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2019 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 18 BRUCE GROVE?

18 BRUCE GROVE is 61m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 18 BRUCE GROVE lies on this distribution: 2% of detached houses are smaller than 18 BRUCE GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 BRUCE GROVE: Plot and Title Map

18 BRUCE GROVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 18 BRUCE GROVE, 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 18 BRUCE GROVE). 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 18 BRUCE GROVE?

18 BRUCE GROVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 18 on BRUCE GROVE.