2B, LONGMEAD AVENUE, CHELMSFORD, CM2 7EE - £450,000

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

2B LONGMEAD AVENUE is a midsized detached house of 119m². It was last sold for £450,000 in October 2020, which was around 24% below the average October 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

2B LONGMEAD AVENUE Sold Prices

Land registry data shows two sales for 2B LONGMEAD 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 2B LONGMEAD 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
2020 2 OCT	£450,000	£589,349	24% below HPI
2018 30 NOV	£200,000	£577,768	65% below HPI

2B LONGMEAD 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 2B LONGMEAD AVENUE sales from November 2018 and October 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 November 2018 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the October 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2B LONGMEAD AVENUE?

2B LONGMEAD AVENUE is 119m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 2B LONGMEAD AVENUE lies on this distribution: 49% of detached houses are smaller than 2B LONGMEAD AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2B LONGMEAD AVENUE: Plot and Title Map

2B LONGMEAD AVENUE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2B LONGMEAD 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 2B LONGMEAD 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 2B LONGMEAD AVENUE?

2B LONGMEAD AVENUE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 2B on LONGMEAD AVENUE.