28, SEVENTH AVENUE, CHELMSFORD, CM1 4EE - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 SEVENTH AVENUE is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £300,000 in April 2015, which was around 34% below the average April 2015 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 B.

28 SEVENTH AVENUE Sold Prices

Land registry data shows two sales for 28 SEVENTH AVENUE 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 28 SEVENTH AVENUE 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
2015 27 APR	£300,000	£454,265	34% below HPI
2014 25 JUN	£250,000	£424,186	41% below HPI

28 SEVENTH AVENUE 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 28 SEVENTH AVENUE sales from June 2014 and April 2015 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 June 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 28 SEVENTH AVENUE?

28 SEVENTH AVENUE is 68m² according to the EPC inspection conducted in March 2014. 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 28 SEVENTH AVENUE lies on this distribution: 4% of detached houses are smaller than 28 SEVENTH AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

28 SEVENTH AVENUE: Plot and Title Map

28 SEVENTH AVENUE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 28 SEVENTH AVENUE, 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 SEVENTH AVENUE). 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 SEVENTH AVENUE?

28 SEVENTH AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 28 on SEVENTH AVENUE.