18, CHESTNUT AVENUE, HATFIELD PEVEREL, CHELMSFORD, CM3 2LL - £337,500

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

18 CHESTNUT AVENUE is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £337,500 in October 2017, which was around 27% below the average October 2017 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

18 CHESTNUT AVENUE Sold Prices

Land registry data shows five sales for 18 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five 18 CHESTNUT 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
2017 27 OCT	£337,500	£462,333	27% below HPI
2014 1 AUG	£271,500	£354,310	23% below HPI
2001 27 APR	£132,000	£164,049	20% below HPI
1999 9 DEC	£130,000	£131,915	1% below HPI
1998 12 FEB	£84,000	£105,902	21% below HPI

18 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The five 18 CHESTNUT AVENUE sales between February 1998 and October 2017 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 August 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 CHESTNUT AVENUE?

18 CHESTNUT AVENUE is 87m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 18 CHESTNUT AVENUE lies on this distribution: 14% of detached houses are smaller than 18 CHESTNUT AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

18 CHESTNUT AVENUE: Plot and Title Map

18 CHESTNUT AVENUE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 18 CHESTNUT 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 18 CHESTNUT 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 18 CHESTNUT AVENUE?

18 CHESTNUT AVENUE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 18 on CHESTNUT AVENUE.