2, HUMBER ROAD, CHELMSFORD, CM1 7PE - £500,000

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.

2 HUMBER ROAD is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £486,372. It was last sold for £500,000 in June 2022, which was around 27% below the average June 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

2 HUMBER ROAD Sold Prices

Land registry data shows two sales for 2 HUMBER 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 HUMBER ROAD 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
2022 27 JUN	£500,000	£684,148	27% below HPI
2009 12 JUN	£250,000	£328,076	24% below HPI

2 HUMBER 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 HUMBER ROAD sales from June 2009 and June 2022 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 June 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 HUMBER ROAD be worth now?

2 HUMBER ROAD might now be worth an estimated £486,372.

This is based on house price deflation of 2.7%, between June 2022 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 2.7% deflationary decrease is applied to the most recent sale price for 2 HUMBER ROAD of £500,000 on 27th June 2022. For the value to have decreased from £500,000 to £486,372 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 HUMBER ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HUMBER ROAD has not materially changed since June 2022.

How Large is 2 HUMBER ROAD?

2 HUMBER ROAD is 87m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% 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 2 HUMBER ROAD lies on this distribution: 16% of detached houses houses are smaller than 2 HUMBER ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 HUMBER ROAD: Plot and Title Map

2 HUMBER ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 2 HUMBER 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 HUMBER 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 HUMBER ROAD?

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