3, LODGE AVENUE, CHELMSFORD, CM2 7EA - £910,000

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 LODGE AVENUE is a very large extended detached house of 170m², built sometime between 1950 and 1966, which could now be worth an estimated £874,078. It was last sold for £910,000 in December 2022, which was around 31% above the average December 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

3 LODGE AVENUE Sold Prices

Land registry data shows two sales for 3 LODGE 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 3 LODGE AVENUE 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
2022 16 DEC	£910,000	£692,851	31% above HPI
2001 9 FEB	£312,500	£197,565	58% above HPI

3 LODGE 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 3 LODGE AVENUE sales from February 2001 and December 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 February 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 LODGE AVENUE be worth now?

3 LODGE AVENUE might now be worth an estimated £874,078.

This is based on house price deflation of 3.9%, between December 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 3.9% deflationary decrease is applied to the most recent sale price for 3 LODGE AVENUE of £910,000 on 16th December 2022. For the value to have decreased from £910,000 to £874,078 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 LODGE AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2022 sale price of £910,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LODGE AVENUE has not materially changed since December 2022.

How Large is 3 LODGE AVENUE?

3 LODGE AVENUE is 170m², which includes four extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 LODGE AVENUE lies on this distribution: 82% of detached houses houses are smaller than 3 LODGE AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 LODGE AVENUE: Plot and Title Map

3 LODGE AVENUE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 3 LODGE 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 3 LODGE 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 3 LODGE AVENUE?

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