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
45 RUBENS GATE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £217,000 in June 2006, which was around 36% below the average June 2006 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 45 RUBENS GATE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 45 RUBENS GATE 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 |
---|---|---|---|
2006 30 JUN | £217,000 | £336,915 | 36% below HPI |
2003 14 NOV | £177,500 | £304,652 | 42% below HPI |
1999 7 MAY | £99,750 | £146,756 | 32% below HPI |
1998 29 JUN | £86,750 | £137,353 | 37% below HPI |
1995 14 JUL | £72,000 | £103,868 | 31% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The five 45 RUBENS GATE sales between July 1995 and June 2006 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 November 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2006 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
45 RUBENS GATE is 65m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 RUBENS GATE lies on this distribution: 3% of detached houses are smaller than 45 RUBENS GATE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
45 RUBENS GATE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 45 RUBENS GATE, 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 RUBENS GATE). 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.
45 RUBENS GATE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 45 on RUBENS GATE.