2, PASCHAL WAY, CHELMSFORD, CM2 7NU - £290,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 PASCHAL WAY is a very small extended semi-detached house of 65m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2020, which was around 50% below the average March 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

2 PASCHAL WAY Sold Prices

Land registry data shows two sales for 2 PASCHAL WAY 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 PASCHAL WAY 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
2020 25 MAR	£290,000	£581,973	50% below HPI
2001 14 SEP	£120,000	£211,579	43% below HPI

2 PASCHAL WAY 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 PASCHAL WAY sales from September 2001 and March 2020 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 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 2 PASCHAL WAY?

2 PASCHAL WAY is 65m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 PASCHAL WAY lies on this distribution: 3% of detached houses are smaller than 2 PASCHAL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 PASCHAL WAY: Plot and Title Map

2 PASCHAL WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 2 PASCHAL WAY, 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 PASCHAL WAY). 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 PASCHAL WAY?

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