52, MICAWBER WAY, CHELMSFORD, CM1 4UE - £250,000

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

52 MICAWBER WAY is a small extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £250,000 in June 2013, which was around 35% below the average June 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

52 MICAWBER WAY Sold Prices

Land registry data shows two sales for 52 MICAWBER 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 52 MICAWBER 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
2013 14 JUN	£250,000	£384,555	35% below HPI
2003 16 MAY	£229,995	£294,908	22% below HPI

52 MICAWBER 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 52 MICAWBER WAY sales from May 2003 and June 2013 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 May 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 52 MICAWBER WAY?

52 MICAWBER WAY is 97m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 52 MICAWBER WAY lies on this distribution: 26% of detached houses are smaller than 52 MICAWBER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

52 MICAWBER WAY: Plot and Title Map

52 MICAWBER WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 52 MICAWBER 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 52 MICAWBER 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 52 MICAWBER WAY?

52 MICAWBER WAY is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 52 on MICAWBER WAY.