268, BROOMFIELD ROAD, CHELMSFORD, CM1 4DY - £555,000

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.

268 BROOMFIELD ROAD is a large detached house of 150m², built sometime between 1930 and 1949, which could now be worth an estimated £632,532. It was last sold for £555,000 in November 2018, which was around 5% below the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

268 BROOMFIELD ROAD Sold Prices

Land registry data shows three sales for 268 BROOMFIELD ROAD since 1^st 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. One of the three 268 BROOMFIELD ROAD sales was for below the average price, whilst two 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
2018 27 NOV	£555,000	£583,928	5% below HPI
2001 6 APR	£230,000	£201,598	14% above HPI
1995 26 MAY	£140,000	£105,498	33% above HPI

268 BROOMFIELD 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 three 268 BROOMFIELD ROAD sales between May 1995 and November 2018 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 April 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 268 BROOMFIELD ROAD be worth now?

268 BROOMFIELD ROAD might now be worth an estimated £632,532.

This is based on house price inflation of 14%, between November 2018 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 14% inflationary increase is applied to the most recent sale price for 268 BROOMFIELD ROAD of £555,000 on 27th November 2018. For the value to have increased from £555,000 to £632,532 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 268 BROOMFIELD ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2018 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 268 BROOMFIELD ROAD has not materially changed since November 2018.

How Large is 268 BROOMFIELD ROAD?

268 BROOMFIELD ROAD is 150m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 268 BROOMFIELD ROAD lies on this distribution: 73% of detached houses houses are smaller than 268 BROOMFIELD ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

268 BROOMFIELD ROAD: Plot and Title Map

268 BROOMFIELD ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 268 BROOMFIELD 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 268 BROOMFIELD 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 268 BROOMFIELD ROAD?

268 BROOMFIELD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 268 on BROOMFIELD ROAD.