Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
42 PETERSFIELD is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £375,000 in June 2015, which was around 19% below the average June 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 42 PETERSFIELD since 1st 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 PETERSFIELD 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 |
---|---|---|---|
2015 17 JUN | £375,000 | £462,894 | 19% below HPI |
2005 24 MAR | £282,500 | £322,275 | 12% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 42 PETERSFIELD sales from March 2005 and June 2015 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 March 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
42 PETERSFIELD is 117m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% 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 PETERSFIELD lies on this distribution: 47% of detached houses are smaller than 42 PETERSFIELD, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
42 PETERSFIELD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 42 PETERSFIELD, 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 PETERSFIELD). 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.
42 PETERSFIELD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 42 on PETERSFIELD.