34, SEVENTH AVENUE, CHELMSFORD, CM1 4EE - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 SEVENTH AVENUE is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £215,000 in November 2009, which was around 39% below the average November 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

34 SEVENTH AVENUE Sold Prices

Land registry data shows two sales for 34 SEVENTH AVENUE 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 34 SEVENTH AVENUE 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
2009 23 NOV	£215,000	£353,771	39% below HPI
2001 2 FEB	£100,000	£195,480	49% below HPI

34 SEVENTH AVENUE 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 34 SEVENTH AVENUE sales from February 2001 and November 2009 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 2001 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2009 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 34 SEVENTH AVENUE?

34 SEVENTH AVENUE is 80m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 34 SEVENTH AVENUE lies on this distribution: 10% of detached houses are smaller than 34 SEVENTH AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

34 SEVENTH AVENUE: Plot and Title Map

34 SEVENTH AVENUE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 34 SEVENTH AVENUE, 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 34 SEVENTH AVENUE). 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 34 SEVENTH AVENUE?

34 SEVENTH AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 34 on SEVENTH AVENUE.