48, PETERSFIELD, CHELMSFORD, CM1 4EP - £431,000

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

48 PETERSFIELD is a very small detached house of 47m², built sometime between 1967 and 1975. It was last sold for £431,000 in September 2016, which was around 20% below the average September 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

48 PETERSFIELD Sold Prices

Land registry data shows three sales for 48 PETERSFIELD 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 48 PETERSFIELD 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
2016 5 SEP	£431,000	£540,296	20% below HPI
2014 11 NOV	£309,950	£451,928	31% below HPI
2000 3 JUL	£140,000	£186,211	25% below HPI

48 PETERSFIELD 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 48 PETERSFIELD sales between July 2000 and September 2016 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 PETERSFIELD?

48 PETERSFIELD is 47m² according to the EPC inspection conducted in June 2009. 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 48 PETERSFIELD lies on this distribution: 1% of detached houses are smaller than 48 PETERSFIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

48 PETERSFIELD: Plot and Title Map

48 PETERSFIELD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 48 PETERSFIELD, 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 48 PETERSFIELD). 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 48 PETERSFIELD?

48 PETERSFIELD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 48 on PETERSFIELD.