43, LONGACRE, CHELMSFORD, CM1 3BJ - £440,000

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

43 LONGACRE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £440,000 in October 2018, which was around 24% below the average October 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

43 LONGACRE Sold Prices

Land registry data shows two sales for 43 LONGACRE 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 43 LONGACRE 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 25 OCT	£440,000	£575,460	24% below HPI
2009 12 JAN	£219,000	£322,237	32% below HPI

43 LONGACRE 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 43 LONGACRE sales from January 2009 and October 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 January 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 43 LONGACRE?

43 LONGACRE is 96m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 43 LONGACRE lies on this distribution: 24% of detached houses are smaller than 43 LONGACRE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

43 LONGACRE: Plot and Title Map

43 LONGACRE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 43 LONGACRE, 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 43 LONGACRE). 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 43 LONGACRE?

43 LONGACRE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 43 on LONGACRE.