3, PETERSFIELD, CHELMSFORD, CM1 4EP - £428,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 PETERSFIELD is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £428,000 in June 2021, which was around 28% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

3 PETERSFIELD Sold Prices

Land registry data shows two sales for 3 PETERSFIELD 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 PETERSFIELD 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
2021 23 JUN	£428,000	£592,899	28% below HPI
1996 29 FEB	£88,500	£100,012	12% below HPI

3 PETERSFIELD 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 PETERSFIELD sales from February 1996 and June 2021 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 PETERSFIELD?

3 PETERSFIELD is 105m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 3 PETERSFIELD lies on this distribution: 35% of detached houses are smaller than 3 PETERSFIELD, and 65% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 PETERSFIELD: Plot and Title Map

3 PETERSFIELD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 PETERSFIELD, 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 PETERSFIELD). 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 PETERSFIELD?

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