18, GODDARD WAY, CHELMSFORD, CM2 6UR - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 GODDARD WAY is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £491,224. It was last sold for £220,000 in May 2003, which was around 26% below the average May 2003 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

18 GODDARD WAY Sold Prices

Land registry data shows two sales for 18 GODDARD WAY 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 18 GODDARD WAY 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
2003 16 MAY	£220,000	£298,052	26% below HPI
2000 30 MAR	£148,950	£175,228	15% below HPI

18 GODDARD WAY 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 18 GODDARD WAY sales from March 2000 and May 2003 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 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2003 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 GODDARD WAY be worth now?

18 GODDARD WAY might now be worth an estimated £491,224.

This is based on house price inflation of 123.3%, between May 2003 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 123.3% inflationary increase is applied to the most recent sale price for 18 GODDARD WAY of £220,000 on 16th May 2003. For the value to have increased from £220,000 to £491,224 over the 22 years and three months to February 2025, the following assumptions must hold true:

• The value of 18 GODDARD WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2003 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GODDARD WAY has not materially changed since May 2003.

How Large is 18 GODDARD WAY?

18 GODDARD WAY is 137m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 18 GODDARD WAY lies on this distribution: 64% of detached houses houses are smaller than 18 GODDARD WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 GODDARD WAY: Plot and Title Map

18 GODDARD WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 18 GODDARD WAY, 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 GODDARD WAY). 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 GODDARD WAY?

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