51, GILMORE WAY, CHELMSFORD, CM2 7AP - £307,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

51 GILMORE WAY is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £307,500 in June 2015, which was around 34% below the average June 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

51 GILMORE WAY Sold Prices

Land registry data shows two sales for 51 GILMORE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 51 GILMORE WAY 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
2015 19 JUN	£307,500	£462,894	34% below HPI
2011 11 MAR	£216,000	£380,093	43% below HPI

51 GILMORE WAY 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 two 51 GILMORE WAY sales from March 2011 and June 2015 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 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 51 GILMORE WAY?

51 GILMORE WAY is 81m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 51 GILMORE WAY lies on this distribution: 11% of detached houses are smaller than 51 GILMORE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

51 GILMORE WAY: Plot and Title Map

51 GILMORE WAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 51 GILMORE WAY, 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 51 GILMORE WAY). 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 51 GILMORE WAY?

51 GILMORE WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 51 on GILMORE WAY.