55, RAINSFORD ROAD, CHELMSFORD, CM1 2QJ - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 RAINSFORD ROAD is a very small detached house of 43m², built sometime between 1930 and 1949. It was last sold for £130,000 in June 2001, which was around 36% below the average June 2001 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

55 RAINSFORD ROAD Sold Prices

Land registry data shows two sales for 55 RAINSFORD ROAD 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 55 RAINSFORD 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
2001 26 JUN	£130,000	£203,015	36% below HPI
2000 21 NOV	£139,000	£197,390	30% below HPI

55 RAINSFORD 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 two 55 RAINSFORD ROAD sales from November 2000 and June 2001 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 November 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2001 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 55 RAINSFORD ROAD?

55 RAINSFORD ROAD is 43m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 55 RAINSFORD ROAD lies on this distribution: 1% of detached houses are smaller than 55 RAINSFORD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

55 RAINSFORD ROAD: Plot and Title Map

55 RAINSFORD ROAD sits on a plot of roughly 0.050 of an acre, or 200m². The below map shows the location of 55 RAINSFORD 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 55 RAINSFORD 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 55 RAINSFORD ROAD?

55 RAINSFORD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 55 on RAINSFORD ROAD.