6, BRIDGE CROFT, HOWE STREET, CHELMSFORD, CM3 1RE - £400,000

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.

6 BRIDGE CROFT is a very small extended semi-detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £389,350. It was last sold for £400,000 in December 2022, which was around 5% below the average December 2022 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

6 BRIDGE CROFT Sold Prices

Land registry data shows two sales for 6 BRIDGE CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 6 BRIDGE CROFT sales was for below the average price, whilst the other was 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
2022 12 DEC	£400,000	£422,730	5% below HPI
2011 26 AUG	£242,000	£222,170	9% above HPI

6 BRIDGE CROFT 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 two 6 BRIDGE CROFT sales from August 2011 and December 2022 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 August 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 6 BRIDGE CROFT be worth now?

6 BRIDGE CROFT might now be worth an estimated £389,350.

This is based on house price deflation of 2.7%, between December 2022 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 2.7% deflationary decrease is applied to the most recent sale price for 6 BRIDGE CROFT of £400,000 on 12th December 2022. For the value to have decreased from £400,000 to £389,350 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 BRIDGE CROFT has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The December 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BRIDGE CROFT has not materially changed since December 2022.

How Large is 6 BRIDGE CROFT?

6 BRIDGE CROFT is 89m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in Howe Street, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Howe Street, and where 6 BRIDGE CROFT lies on this distribution: 19% of semi-detached houses houses are smaller than 6 BRIDGE CROFT, and 78% of houses are larger. Note that EPC data is not available for all properties in Howe Street.

6 BRIDGE CROFT: Plot and Title Map

6 BRIDGE CROFT sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 6 BRIDGE CROFT, 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 6 BRIDGE CROFT). 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 6 BRIDGE CROFT?

6 BRIDGE CROFT is located in HOWE STREET, in the CM3 postcode district. The below map shows the position of No. 6 on BRIDGE CROFT.