3, BROOMFIELD MEWS, CHELMSFORD, CM1 4GA - £300,000

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 BROOMFIELD MEWS is a small semi-detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £521,545. It was last sold for £300,000 in August 2013, which was around 27% above the average August 2013 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

3 BROOMFIELD MEWS Sold Prices

Land registry data shows two sales for 3 BROOMFIELD MEWS 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 BROOMFIELD MEWS sales were for above 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
2013 9 AUG	£300,000	£236,686	27% above HPI
2008 19 MAY	£249,500	£233,458	7% above HPI

3 BROOMFIELD MEWS 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 BROOMFIELD MEWS sales from May 2008 and August 2013 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 May 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2013 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 BROOMFIELD MEWS be worth now?

3 BROOMFIELD MEWS might now be worth an estimated £521,545.

This is based on house price inflation of 73.8%, between August 2013 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 73.8% inflationary increase is applied to the most recent sale price for 3 BROOMFIELD MEWS of £300,000 on 9th August 2013. For the value to have increased from £300,000 to £521,545 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 3 BROOMFIELD MEWS has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2013 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROOMFIELD MEWS has not materially changed since August 2013.

How Large is 3 BROOMFIELD MEWS?

3 BROOMFIELD MEWS is 108m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 BROOMFIELD MEWS lies on this distribution: 38% of semi-detached houses houses are smaller than 3 BROOMFIELD MEWS, and 61% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 BROOMFIELD MEWS: Plot and Title Map

3 BROOMFIELD MEWS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 BROOMFIELD MEWS, 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 BROOMFIELD MEWS). 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 BROOMFIELD MEWS?

3 BROOMFIELD MEWS is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 3 on BROOMFIELD MEWS.