20, MILLSON BANK, CHELMSFORD, CM2 6QD - £650,000

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

20 MILLSON BANK is a large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £650,000 in February 2020, which was around 13% above the average February 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

20 MILLSON BANK Sold Prices

Land registry data shows four sales for 20 MILLSON BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 20 MILLSON BANK sales were for above the average price, and four 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 21 FEB	£650,000	£575,359	13% above HPI
2016 29 JUL	£565,000	£524,445	8% above HPI
1998 13 AUG	£130,000	£141,906	8% below HPI
1996 25 OCT	£92,500	£110,413	16% below HPI

20 MILLSON BANK 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 four 20 MILLSON BANK sales between October 1996 and February 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 July 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 20 MILLSON BANK?

20 MILLSON BANK is 143m² according to the EPC inspection conducted in June 2019. 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 20 MILLSON BANK lies on this distribution: 68% of detached houses are smaller than 20 MILLSON BANK, and 31% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

20 MILLSON BANK: Plot and Title Map

20 MILLSON BANK sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 20 MILLSON BANK, 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 20 MILLSON BANK). 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 20 MILLSON BANK?

20 MILLSON BANK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 20 on MILLSON BANK.