3, CONDOR GATE, CHELMSFORD, CM3 3FU - £550,000

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 CONDOR GATE is a midsized detached house of 118m², which could now be worth an estimated £526,744. It was last sold for £550,000 in October 2022, which was around 21% below the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

3 CONDOR GATE Sold Prices

Land registry data shows two sales for 3 CONDOR GATE 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 3 CONDOR GATE 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
2022 31 OCT	£550,000	£694,883	21% below HPI
2017 31 OCT	£460,000	£565,205	19% below HPI

3 CONDOR GATE 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 3 CONDOR GATE sales from October 2017 and October 2022 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 October 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 CONDOR GATE be worth now?

3 CONDOR GATE might now be worth an estimated £526,744.

This is based on house price deflation of 4.2%, between October 2022 and February 2025, for 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 4.2% deflationary decrease is applied to the most recent sale price for 3 CONDOR GATE of £550,000 on 31st October 2022. For the value to have decreased from £550,000 to £526,744 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 CONDOR GATE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CONDOR GATE has not materially changed since October 2022.

How Large is 3 CONDOR GATE?

3 CONDOR GATE is 118m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 3 CONDOR GATE lies on this distribution: 48% of detached houses houses are smaller than 3 CONDOR GATE, and 51% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 CONDOR GATE: Plot and Title Map

3 CONDOR GATE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 3 CONDOR GATE, 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 CONDOR GATE). 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 CONDOR GATE?

3 CONDOR GATE is located in CHELMSFORD, in the CM3 postcode district. The below map shows the position of No. 3 on CONDOR GATE.