40, GLOUCESTER AVENUE, CHELMSFORD, CM2 9LE - £735,000

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

40 GLOUCESTER AVENUE is a very large extended detached house of 179m², built sometime between 1950 and 1966. It was last sold for £735,000 in March 2022, which was around 12% above the average March 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

40 GLOUCESTER AVENUE Sold Prices

Land registry data shows two sales for 40 GLOUCESTER 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. One of the two 40 GLOUCESTER AVENUE sales was for above the average price, whilst the other 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
2022 25 MAR	£735,000	£653,735	12% above HPI
2013 24 OCT	£270,000	£398,628	32% below HPI

40 GLOUCESTER 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 40 GLOUCESTER AVENUE sales from October 2013 and March 2022 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 October 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 40 GLOUCESTER AVENUE?

40 GLOUCESTER AVENUE is 179m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 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 40 GLOUCESTER AVENUE lies on this distribution: 86% of detached houses are smaller than 40 GLOUCESTER AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

40 GLOUCESTER AVENUE: Plot and Title Map

40 GLOUCESTER AVENUE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 40 GLOUCESTER 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 40 GLOUCESTER 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 40 GLOUCESTER AVENUE?

40 GLOUCESTER AVENUE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 40 on GLOUCESTER AVENUE.