45, CHIGNAL ROAD, CHELMSFORD, CM1 2JA - £507,000

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

45 CHIGNAL ROAD is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £507,000 in August 2024, which was around 23% below the average August 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

45 CHIGNAL ROAD Sold Prices

Land registry data shows four sales for 45 CHIGNAL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 45 CHIGNAL ROAD 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
2024 29 AUG	£507,000	£657,983	23% below HPI
2016 29 JAN	£380,000	£500,319	24% below HPI
2011 18 NOV	£325,000	£367,757	12% below HPI
2010 1 OCT	£250,000	£373,762	33% below HPI

45 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 four 45 CHIGNAL ROAD sales between October 2010 and August 2024 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 45 CHIGNAL ROAD?

45 CHIGNAL ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in October 2023. 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 45 CHIGNAL ROAD lies on this distribution: 42% of detached houses are smaller than 45 CHIGNAL ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

45 CHIGNAL ROAD: Plot and Title Map

45 CHIGNAL ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 45 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 45 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 45 CHIGNAL ROAD?

45 CHIGNAL ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 45 on CHIGNAL ROAD.