42, CHIGNAL ROAD, CHELMSFORD, CM1 2JB - £812,500

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

42 CHIGNAL ROAD is a very large extended detached house of 190m², built sometime between 1930 and 1949. It was last sold for £812,500 in November 2017, which was around 46% above the average November 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

42 CHIGNAL ROAD Sold Prices

Land registry data shows two sales for 42 CHIGNAL ROAD 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 42 CHIGNAL ROAD 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
2017 17 NOV	£812,500	£557,954	46% above HPI
2005 21 APR	£335,000	£320,173	5% above HPI

42 CHIGNAL ROAD 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 42 CHIGNAL ROAD sales from April 2005 and November 2017 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 April 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2017 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 42 CHIGNAL ROAD?

42 CHIGNAL ROAD is 190m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 42 CHIGNAL ROAD lies on this distribution: 89% of detached houses are smaller than 42 CHIGNAL ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

42 CHIGNAL ROAD: Plot and Title Map

42 CHIGNAL ROAD sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 42 CHIGNAL ROAD, 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 42 CHIGNAL ROAD). 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 42 CHIGNAL ROAD?

42 CHIGNAL ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 42 on CHIGNAL ROAD.