315, BROOMFIELD ROAD, CHELMSFORD, CM1 4DU - £525,000

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

315 BROOMFIELD ROAD is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £525,000 in December 2023, which was around 19% below the average December 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

315 BROOMFIELD ROAD Sold Prices

Land registry data shows two sales for 315 BROOMFIELD ROAD 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 315 BROOMFIELD ROAD 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
2023 15 DEC	£525,000	£651,540	19% below HPI
2007 31 JAN	£275,000	£353,744	22% below HPI

315 BROOMFIELD ROAD 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 315 BROOMFIELD ROAD sales from January 2007 and December 2023 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 January 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 315 BROOMFIELD ROAD?

315 BROOMFIELD ROAD is 102m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 315 BROOMFIELD ROAD lies on this distribution: 32% of detached houses are smaller than 315 BROOMFIELD ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

315 BROOMFIELD ROAD: Plot and Title Map

315 BROOMFIELD ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 315 BROOMFIELD ROAD, 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 315 BROOMFIELD ROAD). 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 315 BROOMFIELD ROAD?

315 BROOMFIELD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 315 on BROOMFIELD ROAD.