47, DEERHURST CHASE, BICKNACRE, CHELMSFORD, CM3 4XG - £215,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

47 DEERHURST CHASE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £341,188. It was last sold for £215,500 in May 2014, which was around 49% below the average May 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

47 DEERHURST CHASE Sold Prices

Land registry data shows three sales for 47 DEERHURST CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 47 DEERHURST CHASE 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
2014 16 MAY	£215,500	£421,764	49% below HPI
2009 19 JUN	£175,000	£328,076	47% below HPI
1998 4 DEC	£75,000	£145,773	49% below HPI

47 DEERHURST CHASE 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 three 47 DEERHURST CHASE sales between December 1998 and May 2014 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 June 2009 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2014 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 47 DEERHURST CHASE be worth now?

47 DEERHURST CHASE might now be worth an estimated £341,188.

This is based on house price inflation of 58.3%, between May 2014 and December 2024, 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 58.3% inflationary increase is applied to the most recent sale price for 47 DEERHURST CHASE of £215,500 on 16th May 2014. For the value to have increased from £215,500 to £341,188 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 47 DEERHURST CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2014 sale price of £215,500 represented a fair market value for the property.
• The size, condition, and specification of 47 DEERHURST CHASE has not materially changed since May 2014.

How Large is 47 DEERHURST CHASE?

47 DEERHURST CHASE is 58m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicknacre, and where 47 DEERHURST CHASE lies on this distribution: 2% of detached houses houses are smaller than 47 DEERHURST CHASE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

47 DEERHURST CHASE: Plot and Title Map

47 DEERHURST CHASE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 47 DEERHURST CHASE, 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 47 DEERHURST CHASE). 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 47 DEERHURST CHASE?

47 DEERHURST CHASE is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 47 on DEERHURST CHASE.