31, RUSSELL GARDENS, CHELMSFORD, CM2 8DB - £490,000

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

31 RUSSELL GARDENS is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £490,000 in June 2019, which was around 16% below the average June 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

31 RUSSELL GARDENS Sold Prices

Land registry data shows two sales for 31 RUSSELL GARDENS 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 31 RUSSELL GARDENS 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
2019 21 JUN	£490,000	£583,524	16% below HPI
2005 19 JUL	£290,000	£329,709	12% below HPI

31 RUSSELL GARDENS 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 31 RUSSELL GARDENS sales from July 2005 and June 2019 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 July 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 31 RUSSELL GARDENS?

31 RUSSELL GARDENS is 117m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 31 RUSSELL GARDENS lies on this distribution: 47% of detached houses are smaller than 31 RUSSELL GARDENS, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

31 RUSSELL GARDENS: Plot and Title Map

31 RUSSELL GARDENS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 31 RUSSELL GARDENS, 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 31 RUSSELL GARDENS). 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 31 RUSSELL GARDENS?

31 RUSSELL GARDENS is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 31 on RUSSELL GARDENS.