28, GODDARD WAY, CHELMSFORD, CM2 6UR - £393,000

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.

28 GODDARD WAY is a very small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £516,193. It was last sold for £393,000 in July 2016, which was around 26% below the average July 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

28 GODDARD WAY Sold Prices

Land registry data shows three sales for 28 GODDARD WAY 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. All of the three 28 GODDARD WAY 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
2016 14 JUL	£393,000	£530,037	26% below HPI
2010 21 DEC	£267,000	£375,129	29% below HPI
2006 14 AUG	£242,000	£346,069	30% below HPI

28 GODDARD WAY 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 28 GODDARD WAY sales between August 2006 and July 2016 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 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 28 GODDARD WAY be worth now?

28 GODDARD WAY might now be worth an estimated £516,193.

This is based on house price inflation of 31.3%, between July 2016 and June 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 31.3% inflationary increase is applied to the most recent sale price for 28 GODDARD WAY of £393,000 on 14th July 2016. For the value to have increased from £393,000 to £516,193 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 28 GODDARD WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2016 sale price of £393,000 represented a fair market value for the property.
• The size, condition, and specification of 28 GODDARD WAY has not materially changed since July 2016.

How Large is 28 GODDARD WAY?

28 GODDARD WAY is 89m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 28 GODDARD WAY lies on this distribution: 18% of detached houses houses are smaller than 28 GODDARD WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

28 GODDARD WAY: Plot and Title Map

28 GODDARD WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 28 GODDARD WAY, 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 28 GODDARD WAY). 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 28 GODDARD WAY?

28 GODDARD WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 28 on GODDARD WAY.