2, NIBLICK GREEN, CHELMSFORD, CM3 3FS - £585,000

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 NIBLICK GREEN is a large detached house of 152m², which could now be worth an estimated £666,723. It was last sold for £585,000 in November 2018, which was about the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

2 NIBLICK GREEN Sold Prices

Land registry data shows two sales for 2 NIBLICK GREEN 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 2 NIBLICK GREEN sales was roughly equal to 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
2018 22 NOV	£585,000	£583,928	Close to HPI
2017 31 JAN	£598,495	£543,403	10% above HPI

2 NIBLICK GREEN 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 NIBLICK GREEN sales from January 2017 and November 2018 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 January 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 NIBLICK GREEN be worth now?

2 NIBLICK GREEN might now be worth an estimated £666,723.

This is based on house price inflation of 14%, between November 2018 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 14% inflationary increase is applied to the most recent sale price for 2 NIBLICK GREEN of £585,000 on 22nd November 2018. For the value to have increased from £585,000 to £666,723 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 NIBLICK GREEN has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2018 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NIBLICK GREEN has not materially changed since November 2018.

How Large is 2 NIBLICK GREEN?

2 NIBLICK GREEN is 152m² according to the EPC inspection conducted in January 2017. This puts it in the largest 30% 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 NIBLICK GREEN lies on this distribution: 74% of detached houses houses are smaller than 2 NIBLICK GREEN, and 25% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 NIBLICK GREEN: Plot and Title Map

2 NIBLICK GREEN sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 NIBLICK GREEN, 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 NIBLICK GREEN). 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 NIBLICK GREEN?

2 NIBLICK GREEN is located in CHELMSFORD, in the CM3 postcode district. The below map shows the position of No. 2 on NIBLICK GREEN.