2A, SKERRY RISE, CHELMSFORD, CM1 4EG - £410,000

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

2A SKERRY RISE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £410,000 in July 2020, which was around 30% below the average July 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2A SKERRY RISE Sold Prices

Land registry data shows two sales for 2A SKERRY RISE 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 SKERRY RISE 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
2020 28 JUL	£410,000	£583,616	30% below HPI
1995 10 MAR	£79,000	£106,313	26% below HPI

2A SKERRY RISE 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 SKERRY RISE sales from March 1995 and July 2020 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 March 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2A SKERRY RISE?

2A SKERRY RISE is 84m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 2A SKERRY RISE lies on this distribution: 13% of detached houses are smaller than 2A SKERRY RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2A SKERRY RISE: Plot and Title Map

2A SKERRY RISE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2A SKERRY RISE, 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 SKERRY RISE). 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 SKERRY RISE?

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