3, ALBRA MEAD, CHELMSFORD, CM2 6YG - £338,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 ALBRA MEAD is a very small extended semi-detached house of 75m², built sometime between 1996 and 2002. It was last sold for £338,000 in March 2019, which was around 43% below the average March 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

3 ALBRA MEAD Sold Prices

Land registry data shows five sales for 3 ALBRA MEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 3 ALBRA MEAD 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
2019 29 MAR	£338,000	£589,121	43% below HPI
2013 4 JUL	£249,995	£387,941	36% below HPI
2009 2 MAR	£190,000	£315,939	40% below HPI
2004 16 JUN	£205,000	£314,312	35% below HPI
1999 19 MAR	£107,500	£140,715	24% below HPI

3 ALBRA MEAD 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 five 3 ALBRA MEAD sales between March 1999 and March 2019 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 July 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 ALBRA MEAD?

3 ALBRA MEAD is 75m², which includes one extension, according to the EPC inspection conducted in November 2018. 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 3 ALBRA MEAD lies on this distribution: 7% of detached houses are smaller than 3 ALBRA MEAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 ALBRA MEAD: Plot and Title Map

3 ALBRA MEAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 3 ALBRA MEAD, 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 3 ALBRA MEAD). 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 3 ALBRA MEAD?

3 ALBRA MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 3 on ALBRA MEAD.