54, FOURTH AVENUE, CHELMSFORD, CM1 4HA - £730,000

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.

54 FOURTH AVENUE is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £714,209. It was last sold for £730,000 in March 2023, which was around 7% above the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2022, where the current energy rating was B, and the potential energy rating was A.

54 FOURTH AVENUE Sold Prices

Land registry data shows two sales for 54 FOURTH AVENUE 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 54 FOURTH AVENUE sales were 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
2023 15 MAR	£730,000	£680,215	7% above HPI
2007 8 OCT	£465,000	£390,510	19% above HPI

54 FOURTH AVENUE 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 54 FOURTH AVENUE sales from October 2007 and March 2023 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 October 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 54 FOURTH AVENUE be worth now?

54 FOURTH AVENUE might now be worth an estimated £714,209.

This is based on house price deflation of 2.2%, between March 2023 and February 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 2.2% deflationary decrease is applied to the most recent sale price for 54 FOURTH AVENUE of £730,000 on 15th March 2023. For the value to have decreased from £730,000 to £714,209 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 54 FOURTH AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2023 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 54 FOURTH AVENUE has not materially changed since March 2023.

How Large is 54 FOURTH AVENUE?

54 FOURTH AVENUE is 72m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 54 FOURTH AVENUE lies on this distribution: 6% of detached houses houses are smaller than 54 FOURTH AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

54 FOURTH AVENUE: Plot and Title Map

54 FOURTH AVENUE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 54 FOURTH AVENUE, 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 54 FOURTH AVENUE). 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 54 FOURTH AVENUE?

54 FOURTH AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 54 on FOURTH AVENUE.