586, GALLEYWOOD ROAD, CHELMSFORD, CM2 8BX - £409,950

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.

586 GALLEYWOOD ROAD is a small extended semi-detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £615,171. It was last sold for £409,950 in November 2014, which was around 50% above the average November 2014 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

586 GALLEYWOOD ROAD Sold Prices

Land registry data shows three sales for 586 GALLEYWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 586 GALLEYWOOD ROAD 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
2014 27 NOV	£409,950	£274,207	50% above HPI
2006 18 SEP	£270,000	£212,869	27% above HPI
1995 26 MAY	£67,000	£61,655	9% above HPI

586 GALLEYWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 586 GALLEYWOOD ROAD sales between May 1995 and November 2014 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 September 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2014 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 586 GALLEYWOOD ROAD be worth now?

586 GALLEYWOOD ROAD might now be worth an estimated £615,171.

This is based on house price inflation of 50.1%, between November 2014 and February 2025, for semi-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 50.1% inflationary increase is applied to the most recent sale price for 586 GALLEYWOOD ROAD of £409,950 on 27th November 2014. For the value to have increased from £409,950 to £615,171 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 586 GALLEYWOOD ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The November 2014 sale price of £409,950 represented a fair market value for the property.
• The size, condition, and specification of 586 GALLEYWOOD ROAD has not materially changed since November 2014.

How Large is 586 GALLEYWOOD ROAD?

586 GALLEYWOOD ROAD is 101m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 586 GALLEYWOOD ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 586 GALLEYWOOD ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

586 GALLEYWOOD ROAD: Plot and Title Map

586 GALLEYWOOD ROAD sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 586 GALLEYWOOD 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 586 GALLEYWOOD 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 586 GALLEYWOOD ROAD?

586 GALLEYWOOD ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 586 on GALLEYWOOD ROAD.