4, MONKS MEAD, BICKNACRE, CHELMSFORD, CM3 4EU - £555,000

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.

4 MONKS MEAD is a very large extended semi-detached house of 252m², built sometime between 1976 and 1982, which could now be worth an estimated £648,091. It was last sold for £555,000 in December 2019, which was around 58% above the average December 2019 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

4 MONKS MEAD Sold Prices

Land registry data shows three sales for 4 MONKS MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 4 MONKS MEAD sales were for above the average price, whilst one was 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 12 DEC	£555,000	£352,371	58% above HPI
2009 9 FEB	£325,000	£193,572	68% above HPI
2001 20 APR	£100,000	£113,915	12% below HPI

4 MONKS MEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 4 MONKS MEAD sales between April 2001 and December 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 February 2009 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2019 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 4 MONKS MEAD be worth now?

4 MONKS MEAD might now be worth an estimated £648,091.

This is based on house price inflation of 16.8%, between December 2019 and February 2025, for semi-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 16.8% inflationary increase is applied to the most recent sale price for 4 MONKS MEAD of £555,000 on 12th December 2019. For the value to have increased from £555,000 to £648,091 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MONKS MEAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The December 2019 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MONKS MEAD has not materially changed since December 2019.

How Large is 4 MONKS MEAD?

4 MONKS MEAD is 252m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of semi-detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicknacre, and where 4 MONKS MEAD lies on this distribution: 97% of semi-detached houses houses are smaller than 4 MONKS MEAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

4 MONKS MEAD: Plot and Title Map

4 MONKS MEAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 4 MONKS MEAD, 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 4 MONKS MEAD). 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 4 MONKS MEAD?

4 MONKS MEAD is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 4 on MONKS MEAD.