2, HIGHFIELD ROAD, CHELMSFORD, CM1 2NQ - £850,000

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

2 HIGHFIELD ROAD is a very large extended detached house of 177m², built sometime between 1930 and 1949. It was last sold for £850,000 in May 2023, which was around 29% above the average May 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

2 HIGHFIELD ROAD Sold Prices

Land registry data shows two sales for 2 HIGHFIELD ROAD 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 2 HIGHFIELD ROAD 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
2023 25 MAY	£850,000	£659,206	29% above HPI
1995 12 MAY	£109,000	£104,385	4% above HPI

2 HIGHFIELD ROAD 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 2 HIGHFIELD ROAD sales from May 1995 and May 2023 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 May 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 HIGHFIELD ROAD?

2 HIGHFIELD ROAD is 177m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 2 HIGHFIELD ROAD lies on this distribution: 85% of detached houses are smaller than 2 HIGHFIELD ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 HIGHFIELD ROAD: Plot and Title Map

2 HIGHFIELD ROAD sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 2 HIGHFIELD ROAD, 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 2 HIGHFIELD ROAD). 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 2 HIGHFIELD ROAD?

2 HIGHFIELD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on HIGHFIELD ROAD.