2, NICKLEBY ROAD, CHELMSFORD, CM1 4UL - £360,000

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 NICKLEBY ROAD is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £360,000 in June 2021, which was around 39% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 NICKLEBY ROAD Sold Prices

Land registry data shows two sales for 2 NICKLEBY 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 NICKLEBY 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
2021 28 JUN	£360,000	£592,899	39% below HPI
1995 27 SEP	£71,000	£105,619	33% below HPI

2 NICKLEBY 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 NICKLEBY ROAD sales from September 1995 and June 2021 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 September 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 NICKLEBY ROAD?

2 NICKLEBY ROAD is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 NICKLEBY ROAD lies on this distribution: 13% of detached houses are smaller than 2 NICKLEBY ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 NICKLEBY ROAD: Plot and Title Map

2 NICKLEBY ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 NICKLEBY 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 NICKLEBY 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 NICKLEBY ROAD?

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