47, HOPKINS MEAD, CHELMSFORD, CM2 6SS - £400,000

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

47 HOPKINS MEAD is a very small extended detached house of 70m², built sometime between 1976 and 1982. It was last sold for £400,000 in October 2023, which was around 40% below the average October 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

47 HOPKINS MEAD Sold Prices

Land registry data shows three sales for 47 HOPKINS MEAD 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 HOPKINS MEAD 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
2023 20 OCT	£400,000	£665,383	40% below HPI
1999 30 JUL	£95,000	£149,452	36% below HPI
1995 3 FEB	£72,000	£106,768	33% below HPI

47 HOPKINS MEAD 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 HOPKINS MEAD sales between February 1995 and October 2023 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 July 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 47 HOPKINS MEAD?

47 HOPKINS MEAD is 70m², which includes one extension, according to the EPC inspection conducted in December 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 47 HOPKINS MEAD lies on this distribution: 5% of detached houses are smaller than 47 HOPKINS MEAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

47 HOPKINS MEAD: Plot and Title Map

47 HOPKINS MEAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 47 HOPKINS MEAD, 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 HOPKINS MEAD). 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 HOPKINS MEAD?

47 HOPKINS MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 47 on HOPKINS MEAD.