2A, ERICK AVENUE, CHELMSFORD, CM1 7BX - £248,000

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.

2A ERICK AVENUE is a midsized detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £478,940. It was last sold for £248,000 in July 2006, which was around 28% below the average July 2006 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2A ERICK AVENUE Sold Prices

Land registry data shows two sales for 2A ERICK 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 2A ERICK 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
2006 11 JUL	£248,000	£344,603	28% below HPI
1998 4 DEC	£115,000	£145,773	21% below HPI

2A ERICK 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 2A ERICK AVENUE sales from December 1998 and July 2006 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 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2006 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2A ERICK AVENUE be worth now?

2A ERICK AVENUE might now be worth an estimated £478,940.

This is based on house price inflation of 93.1%, between July 2006 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 93.1% inflationary increase is applied to the most recent sale price for 2A ERICK AVENUE of £248,000 on 11th July 2006. For the value to have increased from £248,000 to £478,940 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 2A ERICK AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2006 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 2A ERICK AVENUE has not materially changed since July 2006.

How Large is 2A ERICK AVENUE?

2A ERICK AVENUE is 122m² according to the EPC inspection conducted in October 2018. This puts it in the largest 50% 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 2A ERICK AVENUE lies on this distribution: 51% of detached houses houses are smaller than 2A ERICK AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2A ERICK AVENUE: Plot and Title Map

2A ERICK AVENUE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2A ERICK 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 2A ERICK 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 2A ERICK AVENUE?

2A ERICK AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2A on ERICK AVENUE.