3, PORTWAY, CHELMSFORD, CM2 6YP - £284,500

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 PORTWAY is a very small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £519,270. It was last sold for £284,500 in November 2010, which was around 25% below the average November 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 PORTWAY Sold Prices

Land registry data shows three sales for 3 PORTWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 3 PORTWAY 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
2010 17 NOV	£284,500	£381,430	25% below HPI
2003 25 JUN	£234,995	£299,611	22% below HPI
1999 16 AUG	£142,000	£155,149	8% below HPI

3 PORTWAY 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 three 3 PORTWAY sales between August 1999 and November 2010 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 June 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 PORTWAY be worth now?

3 PORTWAY might now be worth an estimated £519,270.

This is based on house price inflation of 82.5%, between November 2010 and June 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 82.5% inflationary increase is applied to the most recent sale price for 3 PORTWAY of £284,500 on 17th November 2010. For the value to have increased from £284,500 to £519,270 over the fifteen years and five months to June 2025, the following assumptions must hold true:

• The value of 3 PORTWAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2010 sale price of £284,500 represented a fair market value for the property.
• The size, condition, and specification of 3 PORTWAY has not materially changed since November 2010.

How Large is 3 PORTWAY?

3 PORTWAY is 88m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 PORTWAY lies on this distribution: 17% of detached houses houses are smaller than 3 PORTWAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 PORTWAY: Plot and Title Map

3 PORTWAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 PORTWAY, 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 PORTWAY). 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 PORTWAY?

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