21, PEEL ROAD, CHELMSFORD, CM2 6AQ - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 PEEL ROAD is a midsized extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £554,970. It was last sold for £240,000 in February 2003, which was around 17% below the average February 2003 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

21 PEEL ROAD Sold Prices

Land registry data shows two sales for 21 PEEL 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 21 PEEL 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
2003 25 FEB	£240,000	£287,800	17% below HPI
1995 31 JAN	£35,000	£107,943	68% below HPI

21 PEEL 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 21 PEEL ROAD sales from January 1995 and February 2003 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 January 1995 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the February 2003 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 21 PEEL ROAD be worth now?

21 PEEL ROAD might now be worth an estimated £554,970.

This is based on house price inflation of 131.2%, between February 2003 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 131.2% inflationary increase is applied to the most recent sale price for 21 PEEL ROAD of £240,000 on 25th February 2003. For the value to have increased from £240,000 to £554,970 over the 22 years to February 2025, the following assumptions must hold true:

• The value of 21 PEEL ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2003 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 21 PEEL ROAD has not materially changed since February 2003.

How Large is 21 PEEL ROAD?

21 PEEL ROAD is 119m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the smallest 50% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 21 PEEL ROAD lies on this distribution: 49% of detached houses houses are smaller than 21 PEEL ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

21 PEEL ROAD: Plot and Title Map

21 PEEL ROAD sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 21 PEEL 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 21 PEEL 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 21 PEEL ROAD?

21 PEEL ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 21 on PEEL ROAD.