40C, PARK VIEW CRESCENT, GREAT BADDOW, CHELMSFORD, CM2 8HX - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40C PARK VIEW CRESCENT is a very small detached house of 82m², built sometime between 2007 and 2011, which could now be worth an estimated £353,002. It was last sold for £305,000 in July 2018, which was around 47% below the average July 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

40C PARK VIEW CRESCENT Sold Prices

Land registry data shows two sales for 40C PARK VIEW CRESCENT 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 40C PARK VIEW CRESCENT 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
2018 27 JUL	£305,000	£575,004	47% below HPI
2008 20 NOV	£237,000	£345,133	31% below HPI

40C PARK VIEW CRESCENT 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 40C PARK VIEW CRESCENT sales from November 2008 and July 2018 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 November 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 40C PARK VIEW CRESCENT be worth now?

40C PARK VIEW CRESCENT might now be worth an estimated £353,002.

This is based on house price inflation of 15.7%, between July 2018 and February 2025, for 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 15.7% inflationary increase is applied to the most recent sale price for 40C PARK VIEW CRESCENT of £305,000 on 27th July 2018. For the value to have increased from £305,000 to £353,002 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 40C PARK VIEW CRESCENT has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 40C PARK VIEW CRESCENT has not materially changed since July 2018.

How Large is 40C PARK VIEW CRESCENT?

40C PARK VIEW CRESCENT is 82m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 40C PARK VIEW CRESCENT lies on this distribution: 12% of detached houses houses are smaller than 40C PARK VIEW CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

40C PARK VIEW CRESCENT: Plot and Title Map

40C PARK VIEW CRESCENT sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 40C PARK VIEW CRESCENT, 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 40C PARK VIEW CRESCENT). 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 40C PARK VIEW CRESCENT?

40C PARK VIEW CRESCENT is located in GREAT BADDOW, in the CM2 postcode district. The below map shows the position of No. 40C on PARK VIEW CRESCENT.