2, RUBENS GATE, CHELMSFORD, CM1 6GN - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RUBENS GATE is a large extended detached house of 133m², built sometime between 1991 and 1995. It was last sold for £550,000 in March 2019, which was around 7% below the average March 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 RUBENS GATE Sold Prices

Land registry data shows five sales for 2 RUBENS GATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 2 RUBENS GATE 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 7 MAR	£550,000	£589,121	7% below HPI
2017 30 MAY	£505,000	£554,016	9% below HPI
2015 20 AUG	£450,000	£473,341	5% below HPI
2008 15 FEB	£335,000	£384,259	13% below HPI
2003 14 APR	£242,500	£290,631	17% below HPI

2 RUBENS GATE 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 five 2 RUBENS GATE sales between April 2003 and March 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 May 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 RUBENS GATE?

2 RUBENS GATE is 133m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 RUBENS GATE lies on this distribution: 61% of detached houses are smaller than 2 RUBENS GATE, and 39% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 RUBENS GATE: Plot and Title Map

2 RUBENS GATE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 2 RUBENS GATE, 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 RUBENS GATE). 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 RUBENS GATE?

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