45, CORNELIUS VALE, CHELMSFORD, CM2 6GY - £272,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 CORNELIUS VALE is a midsized extended detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £544,224. It was last sold for £272,500 in July 2005, which was around 18% below the average July 2005 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

45 CORNELIUS VALE Sold Prices

Land registry data shows two sales for 45 CORNELIUS VALE 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 45 CORNELIUS VALE 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
2005 15 JUL	£272,500	£333,225	18% below HPI
2002 20 DEC	£220,000	£280,602	22% below HPI

45 CORNELIUS VALE 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 45 CORNELIUS VALE sales from December 2002 and July 2005 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 December 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2005 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 45 CORNELIUS VALE be worth now?

45 CORNELIUS VALE might now be worth an estimated £544,224.

This is based on house price inflation of 99.7%, between July 2005 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 99.7% inflationary increase is applied to the most recent sale price for 45 CORNELIUS VALE of £272,500 on 15th July 2005. For the value to have increased from £272,500 to £544,224 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 45 CORNELIUS VALE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2005 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 45 CORNELIUS VALE has not materially changed since July 2005.

How Large is 45 CORNELIUS VALE?

45 CORNELIUS VALE is 112m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% 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 45 CORNELIUS VALE lies on this distribution: 42% of detached houses houses are smaller than 45 CORNELIUS VALE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

45 CORNELIUS VALE: Plot and Title Map

45 CORNELIUS VALE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 45 CORNELIUS VALE, 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 CORNELIUS VALE). 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 CORNELIUS VALE?

45 CORNELIUS VALE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 45 on CORNELIUS VALE.