254, MAIN ROAD, BROOMFIELD, CHELMSFORD, CM1 7AW - £530,000

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.

254 MAIN ROAD is a very large extended detached house of 152m², built sometime before 1900, which could now be worth an estimated £635,317. It was last sold for £530,000 in February 2017, which was around 5% below the average February 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

254 MAIN ROAD Sold Prices

Land registry data shows two sales for 254 MAIN 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 254 MAIN 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
2017 27 FEB	£530,000	£555,180	5% below HPI
2006 9 OCT	£335,000	£347,440	4% below HPI

254 MAIN 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 254 MAIN ROAD sales from October 2006 and February 2017 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 254 MAIN ROAD be worth now?

254 MAIN ROAD might now be worth an estimated £635,317.

This is based on house price inflation of 19.9%, between February 2017 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 19.9% inflationary increase is applied to the most recent sale price for 254 MAIN ROAD of £530,000 on 27th February 2017. For the value to have increased from £530,000 to £635,317 over the eight years to February 2025, the following assumptions must hold true:

• The value of 254 MAIN ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2017 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 254 MAIN ROAD has not materially changed since February 2017.

How Large is 254 MAIN ROAD?

254 MAIN ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broomfield, and where 254 MAIN ROAD lies on this distribution: 83% of detached houses houses are smaller than 254 MAIN ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

254 MAIN ROAD: Plot and Title Map

254 MAIN ROAD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 254 MAIN 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 254 MAIN 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 254 MAIN ROAD?

254 MAIN ROAD is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 254 on MAIN ROAD.