27, THE STREET, GALLEYWOOD, CHELMSFORD, CM2 8QN - £1,125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 THE STREET is a very large detached house of 188m², built sometime before 1900, which could now be worth an estimated £1,353,115. It was last sold for £1,125,000 in February 2017, which was around 103% above the average February 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

27 THE STREET Sold Prices

Land registry data shows two sales for 27 THE STREET 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 27 THE STREET sales 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
2017 21 FEB	£1,125,000	£555,180	103% above HPI
1997 25 JUL	£265,000	£125,078	112% above HPI

27 THE STREET 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 27 THE STREET sales from July 1997 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 July 1997 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the February 2017 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 27 THE STREET be worth now?

27 THE STREET might now be worth an estimated £1,353,115.

This is based on house price inflation of 20.3%, between February 2017 and December 2024, 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 20.3% inflationary increase is applied to the most recent sale price for 27 THE STREET of £1,125,000 on 21st February 2017. For the value to have increased from £1,125,000 to £1,353,115 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 27 THE STREET has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2017 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of 27 THE STREET has not materially changed since February 2017.

How Large is 27 THE STREET?

27 THE STREET is 188m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galleywood, and where 27 THE STREET lies on this distribution: 91% of detached houses houses are smaller than 27 THE STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

27 THE STREET: Plot and Title Map

27 THE STREET sits on a plot of roughly 0.535 of an acre, or 2,166m². The below map shows the location of 27 THE STREET, 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 27 THE STREET). 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 27 THE STREET?

27 THE STREET is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 27 on THE STREET.