6, THRIFT WOOD, BICKNACRE, CHELMSFORD, CM3 4HT - £275,000

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

6 THRIFT WOOD is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £275,000 in October 2014, which was around 38% below the average October 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

6 THRIFT WOOD Sold Prices

Land registry data shows three sales for 6 THRIFT WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 6 THRIFT WOOD 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
2014 27 OCT	£275,000	£445,843	38% below HPI
2012 5 JAN	£245,000	£367,672	33% below HPI
2006 21 SEP	£220,000	£344,761	36% below HPI

6 THRIFT WOOD 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 three 6 THRIFT WOOD sales between September 2006 and October 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 January 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 THRIFT WOOD?

6 THRIFT WOOD is 94m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 6 THRIFT WOOD lies on this distribution: 24% of detached houses are smaller than 6 THRIFT WOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

6 THRIFT WOOD: Plot and Title Map

6 THRIFT WOOD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 6 THRIFT WOOD, 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 THRIFT WOOD). 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 THRIFT WOOD?

6 THRIFT WOOD is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 6 on THRIFT WOOD.