5, BRIDGE CROFT, HOWE STREET, CHELMSFORD, CM3 1RE - £497,500

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

5 BRIDGE CROFT is a small detached house of 115m², built sometime between 1983 and 1990. It was last sold for £497,500 in January 2017, which was around 8% below the average January 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

5 BRIDGE CROFT Sold Prices

Land registry data shows three sales for 5 BRIDGE CROFT 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. Two of the three 5 BRIDGE CROFT sales were for below the average price, whilst one was for above 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
2017 19 JAN	£497,500	£543,403	8% below HPI
2004 3 JUN	£315,000	£317,663	1% below HPI
1995 21 FEB	£112,000	£107,907	4% above HPI

5 BRIDGE CROFT 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 5 BRIDGE CROFT sales between February 1995 and January 2017 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 BRIDGE CROFT be worth now?

5 BRIDGE CROFT might now be worth an estimated £611,346.

This is based on house price inflation of 22.9%, between January 2017 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 22.9% inflationary increase is applied to the most recent sale price for 5 BRIDGE CROFT of £497,500 on 19th January 2017. For the value to have increased from £497,500 to £611,346 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 5 BRIDGE CROFT has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2017 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BRIDGE CROFT has not materially changed since January 2017.

How Large is 5 BRIDGE CROFT?

5 BRIDGE CROFT is 115m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses houses in Howe Street, based on EPC data. The below chart shows the distribution of detached houses houses by size in Howe Street, and where 5 BRIDGE CROFT lies on this distribution: 35% of detached houses houses are smaller than 5 BRIDGE CROFT, and 65% of houses are larger. Note that EPC data is not available for all properties in Howe Street.

5 BRIDGE CROFT: Plot and Title Map

5 BRIDGE CROFT sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 5 BRIDGE CROFT, 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 5 BRIDGE CROFT). 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 5 BRIDGE CROFT?

5 BRIDGE CROFT is located in HOWE STREET, in the CM3 postcode district. The below map shows the position of No. 5 on BRIDGE CROFT.