4, PEERS SQUARE, CHELMSFORD, CM2 6XP - £321,000

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 PEERS SQUARE is a small semi-detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £576,469. It was last sold for £321,000 in June 2012, which was around 40% above the average June 2012 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

4 PEERS SQUARE Sold Prices

Land registry data shows three sales for 4 PEERS SQUARE 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. All of the three 4 PEERS SQUARE sales were for above 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
2012 29 JUN	£321,000	£229,125	40% above HPI
2003 28 FEB	£250,000	£166,189	50% above HPI
2000 8 DEC	£187,000	£111,191	68% above HPI

4 PEERS SQUARE 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 PEERS SQUARE sales between December 2000 and June 2012 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 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2012 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 4 PEERS SQUARE be worth now?

4 PEERS SQUARE might now be worth an estimated £576,469.

This is based on house price inflation of 79.6%, between June 2012 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 79.6% inflationary increase is applied to the most recent sale price for 4 PEERS SQUARE of £321,000 on 29th June 2012. For the value to have increased from £321,000 to £576,469 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 4 PEERS SQUARE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2012 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PEERS SQUARE has not materially changed since June 2012.

How Large is 4 PEERS SQUARE?

4 PEERS SQUARE is 107m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 4 PEERS SQUARE lies on this distribution: 36% of semi-detached houses houses are smaller than 4 PEERS SQUARE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 PEERS SQUARE: Plot and Title Map

4 PEERS SQUARE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 4 PEERS SQUARE, 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 PEERS SQUARE). 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 PEERS SQUARE?

4 PEERS SQUARE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 4 on PEERS SQUARE.