1B, RAINSFORD AVENUE, CHELMSFORD, CM1 2PJ - £300,000

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.

1B RAINSFORD AVENUE is a large detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £595,102. It was last sold for £300,000 in July 2009, which was around 11% below the average July 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1B RAINSFORD AVENUE Sold Prices

Land registry data shows two sales for 1B RAINSFORD 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. One of the two 1B RAINSFORD AVENUE sales was for below the average price, whilst the other was 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
2009 3 JUL	£300,000	£335,489	11% below HPI
2006 15 NOV	£375,000	£351,936	7% above HPI

1B RAINSFORD 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 1B RAINSFORD AVENUE sales from November 2006 and July 2009 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 November 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2009 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1B RAINSFORD AVENUE be worth now?

1B RAINSFORD AVENUE might now be worth an estimated £595,102.

This is based on house price inflation of 98.4%, between July 2009 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 98.4% inflationary increase is applied to the most recent sale price for 1B RAINSFORD AVENUE of £300,000 on 3rd July 2009. For the value to have increased from £300,000 to £595,102 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 1B RAINSFORD AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2009 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1B RAINSFORD AVENUE has not materially changed since July 2009.

How Large is 1B RAINSFORD AVENUE?

1B RAINSFORD AVENUE is 135m² according to the EPC inspection conducted in August 2009. 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 1B RAINSFORD AVENUE lies on this distribution: 62% of detached houses houses are smaller than 1B RAINSFORD AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1B RAINSFORD AVENUE: Plot and Title Map

1B RAINSFORD AVENUE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 1B RAINSFORD 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 1B RAINSFORD 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 1B RAINSFORD AVENUE?

1B RAINSFORD AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 1B on RAINSFORD AVENUE.