61, CORNELIUS VALE, CHELMSFORD, CM2 6GY - £450,000

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

61 CORNELIUS VALE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £450,000 in August 2016, which was around 16% below the average August 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

61 CORNELIUS VALE Sold Prices

Land registry data shows three sales for 61 CORNELIUS VALE 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 61 CORNELIUS VALE 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
2016 22 AUG	£450,000	£538,334	16% below HPI
2012 28 JUN	£307,500	£378,327	19% below HPI
2002 31 OCT	£215,000	£265,315	19% below HPI

61 CORNELIUS VALE 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 61 CORNELIUS VALE sales between October 2002 and August 2016 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 61 CORNELIUS VALE?

61 CORNELIUS VALE is 112m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 61 CORNELIUS VALE lies on this distribution: 43% of detached houses are smaller than 61 CORNELIUS VALE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

61 CORNELIUS VALE: Plot and Title Map

61 CORNELIUS VALE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 61 CORNELIUS VALE, 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 61 CORNELIUS VALE). 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 61 CORNELIUS VALE?

61 CORNELIUS VALE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 61 on CORNELIUS VALE.