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 TELFORD PLACE is a large extended detached house of 137m², built sometime between 2003 and 2006. It was last sold for £690,000 in September 2023, which was around 1% above the average September 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 2 TELFORD PLACE since 1st 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 TELFORD PLACE sales were 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 |
---|---|---|---|
2023 29 SEP | £690,000 | £680,239 | 1% above HPI |
2009 21 OCT | £405,000 | £352,099 | 15% above HPI |
2005 12 DEC | £380,000 | £327,232 | 16% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 2 TELFORD PLACE sales between December 2005 and September 2023 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 October 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
2 TELFORD PLACE is 137m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 TELFORD PLACE lies on this distribution: 64% of detached houses are smaller than 2 TELFORD PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
2 TELFORD PLACE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 TELFORD PLACE, 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 TELFORD PLACE). 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.
2 TELFORD PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on TELFORD PLACE.