32, GLOUCESTER CRESCENT, CHELMSFORD, CM1 4NG - £350,000

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.

32 GLOUCESTER CRESCENT is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £354,581. It was last sold for £350,000 in May 2024, which was around 47% below the average May 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

32 GLOUCESTER CRESCENT Sold Prices

Land registry data shows four sales for 32 GLOUCESTER CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 32 GLOUCESTER CRESCENT 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
2024 10 MAY	£350,000	£656,903	47% below HPI
2008 28 FEB	£203,500	£388,356	48% below HPI
2004 30 JUN	£162,000	£317,663	49% below HPI
2001 6 AUG	£108,000	£212,073	49% below HPI

32 GLOUCESTER CRESCENT 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 four 32 GLOUCESTER CRESCENT sales between August 2001 and May 2024 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 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 32 GLOUCESTER CRESCENT be worth now?

32 GLOUCESTER CRESCENT might now be worth an estimated £354,581.

This is based on house price inflation of 1.3%, between May 2024 and February 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 1.3% inflationary increase is applied to the most recent sale price for 32 GLOUCESTER CRESCENT of £350,000 on 10th May 2024. For the value to have increased from £350,000 to £354,581 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 32 GLOUCESTER CRESCENT has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 32 GLOUCESTER CRESCENT has not materially changed since May 2024.

How Large is 32 GLOUCESTER CRESCENT?

32 GLOUCESTER CRESCENT is 71m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% 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 32 GLOUCESTER CRESCENT lies on this distribution: 5% of detached houses houses are smaller than 32 GLOUCESTER CRESCENT, and 94% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

32 GLOUCESTER CRESCENT: Plot and Title Map

32 GLOUCESTER CRESCENT sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 32 GLOUCESTER CRESCENT, 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 32 GLOUCESTER CRESCENT). 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 32 GLOUCESTER CRESCENT?

32 GLOUCESTER CRESCENT is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 32 on GLOUCESTER CRESCENT.