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
35 CORNELIUS VALE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £370,000 in March 2015, which was around 18% below the average March 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 35 CORNELIUS VALE since 1st 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 35 CORNELIUS VALE 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 |
---|---|---|---|
2015 27 MAR | £370,000 | £450,873 | 18% below HPI |
2010 24 SEP | £325,000 | £372,749 | 13% below HPI |
2007 18 OCT | £322,000 | £386,390 | 17% below HPI |
2003 28 NOV | £265,000 | £304,652 | 13% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 35 CORNELIUS VALE sales between November 2003 and March 2015 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 September 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
35 CORNELIUS VALE is 112m², which includes one extension, according to the EPC inspection conducted in December 2022. 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 35 CORNELIUS VALE lies on this distribution: 43% of detached houses are smaller than 35 CORNELIUS VALE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
35 CORNELIUS VALE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 35 CORNELIUS VALE, 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 35 CORNELIUS VALE). 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.
35 CORNELIUS VALE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 35 on CORNELIUS VALE.