3, MEADOW VIEW, BICKNACRE, CHELMSFORD, CM3 4HR - £182,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MEADOW VIEW is a very large detached house of 158m², built sometime between 1967 and 1975, which could now be worth an estimated £541,957. It was last sold for £182,500 in February 2002, which was around 19% below the average February 2002 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 MEADOW VIEW Sold Prices

Land registry data shows two sales for 3 MEADOW VIEW 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 MEADOW VIEW 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
2002 15 FEB	£182,500	£224,861	19% below HPI
2001 14 DEC	£175,000	£222,139	21% below HPI

3 MEADOW VIEW 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 MEADOW VIEW sales from December 2001 and February 2002 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 December 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2002 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 MEADOW VIEW be worth now?

3 MEADOW VIEW might now be worth an estimated £541,957.

This is based on house price inflation of 197%, between February 2002 and December 2024, 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 197% inflationary increase is applied to the most recent sale price for 3 MEADOW VIEW of £182,500 on 15th February 2002. For the value to have increased from £182,500 to £541,957 over the 21 years and two months to December 2024, the following assumptions must hold true:

• The value of 3 MEADOW VIEW has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2002 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW VIEW has not materially changed since February 2002.

How Large is 3 MEADOW VIEW?

3 MEADOW VIEW is 158m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicknacre, and where 3 MEADOW VIEW lies on this distribution: 84% of detached houses houses are smaller than 3 MEADOW VIEW, and 16% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

3 MEADOW VIEW: Plot and Title Map

3 MEADOW VIEW sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 MEADOW VIEW, 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 MEADOW VIEW). 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 MEADOW VIEW?

3 MEADOW VIEW is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 3 on MEADOW VIEW.