5, QUALE ROAD, CHELMSFORD, CM2 6WQ - £417,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 QUALE ROAD is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £467,749. It was last sold for £417,000 in December 2020, which was around 30% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

5 QUALE ROAD Sold Prices

Land registry data shows three sales for 5 QUALE ROAD 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 5 QUALE ROAD 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
2020 15 DEC	£417,000	£596,207	30% below HPI
2010 8 MAR	£260,000	£362,753	28% below HPI
2000 31 MAR	£137,000	£175,228	22% below HPI

5 QUALE ROAD 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 QUALE ROAD sales between March 2000 and December 2020 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 March 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 QUALE ROAD be worth now?

5 QUALE ROAD might now be worth an estimated £467,749.

This is based on house price inflation of 12.2%, between December 2020 and March 2025, 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 12.2% inflationary increase is applied to the most recent sale price for 5 QUALE ROAD of £417,000 on 15th December 2020. For the value to have increased from £417,000 to £467,749 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 5 QUALE ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of 5 QUALE ROAD has not materially changed since December 2020.

How Large is 5 QUALE ROAD?

5 QUALE ROAD is 92m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 5 QUALE ROAD lies on this distribution: 20% of detached houses houses are smaller than 5 QUALE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 QUALE ROAD: Plot and Title Map

5 QUALE ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 5 QUALE ROAD, 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 QUALE ROAD). 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 QUALE ROAD?

5 QUALE ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 5 on QUALE ROAD.