2, LAMBOURNE CHASE, CHELMSFORD, CM2 9FF - £255,000

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 LAMBOURNE CHASE is a very small detached house of 60m², built sometime between 2007 and 2011, which could now be worth an estimated £283,113. It was last sold for £255,000 in May 2019, which was around 57% below the average May 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 LAMBOURNE CHASE Sold Prices

Land registry data shows three sales for 2 LAMBOURNE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 2 LAMBOURNE CHASE 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
2019 1 MAY	£255,000	£599,416	57% below HPI
2013 21 JUN	£200,000	£388,655	49% below HPI
2008 14 OCT	£190,000	£361,256	47% below HPI

2 LAMBOURNE CHASE 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 three 2 LAMBOURNE CHASE sales between October 2008 and May 2019 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 2013 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2019 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 2 LAMBOURNE CHASE be worth now?

2 LAMBOURNE CHASE might now be worth an estimated £283,113.

This is based on house price inflation of 11%, between May 2019 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 11% inflationary increase is applied to the most recent sale price for 2 LAMBOURNE CHASE of £255,000 on 1st May 2019. For the value to have increased from £255,000 to £283,113 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 2 LAMBOURNE CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMBOURNE CHASE has not materially changed since May 2019.

How Large is 2 LAMBOURNE CHASE?

2 LAMBOURNE CHASE is 60m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% 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 LAMBOURNE CHASE lies on this distribution: 2% of detached houses houses are smaller than 2 LAMBOURNE CHASE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 LAMBOURNE CHASE: Plot and Title Map

2 LAMBOURNE CHASE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 2 LAMBOURNE CHASE, 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 LAMBOURNE CHASE). 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 LAMBOURNE CHASE?

2 LAMBOURNE CHASE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 2 on LAMBOURNE CHASE.