24, PEEL ROAD, CHELMSFORD, CM2 6AH - £385,000

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

24 PEEL ROAD is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £385,000 in July 2019, which was around 34% below the average July 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

24 PEEL ROAD Sold Prices

Land registry data shows two sales for 24 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 24 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
2019 24 JUL	£385,000	£587,286	34% below HPI
2015 4 DEC	£320,000	£495,450	35% below HPI

24 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 24 PEEL ROAD sales from December 2015 and July 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 December 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 24 PEEL ROAD?

24 PEEL ROAD is 66m² according to the EPC inspection conducted in November 2018. 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 24 PEEL ROAD lies on this distribution: 3% of detached houses are smaller than 24 PEEL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

24 PEEL ROAD: Plot and Title Map

24 PEEL ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 24 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 24 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 24 PEEL ROAD?

24 PEEL ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 24 on PEEL ROAD.