3, ASHMEADS, CHELMSFORD, CM2 9FJ - £250,000

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.

3 ASHMEADS is a very small semi-detached house of 64m², built sometime from 2007 onwards, which could now be worth an estimated £375,150. It was last sold for £250,000 in November 2014, which was around 9% below the average November 2014 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was B.

3 ASHMEADS Sold Prices

Land registry data shows two sales for 3 ASHMEADS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 3 ASHMEADS 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
2014 27 NOV	£250,000	£274,207	9% below HPI
2009 27 MAR	£187,110	£190,355	2% below HPI

3 ASHMEADS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 3 ASHMEADS sales from March 2009 and November 2014 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 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 ASHMEADS be worth now?

3 ASHMEADS might now be worth an estimated £375,150.

This is based on house price inflation of 50.1%, between November 2014 and February 2025, for semi-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 50.1% inflationary increase is applied to the most recent sale price for 3 ASHMEADS of £250,000 on 27th November 2014. For the value to have increased from £250,000 to £375,150 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 ASHMEADS has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The November 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ASHMEADS has not materially changed since November 2014.

How Large is 3 ASHMEADS?

3 ASHMEADS is 64m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 3 ASHMEADS lies on this distribution: 3% of semi-detached houses houses are smaller than 3 ASHMEADS, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 ASHMEADS: Plot and Title Map

3 ASHMEADS sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 3 ASHMEADS, 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 ASHMEADS). 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 ASHMEADS?

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