7, CORNELIUS VALE, CHELMSFORD, CM2 6GY - £815,000

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.

7 CORNELIUS VALE is a very large detached house of 209m², built sometime between 2003 and 2006, which could now be worth an estimated £788,286. It was last sold for £815,000 in July 2022, which was around 18% above the average July 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

7 CORNELIUS VALE Sold Prices

Land registry data shows three sales for 7 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 7 CORNELIUS VALE 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
2022 22 JUL	£815,000	£688,054	18% above HPI
2014 29 AUG	£572,000	£439,744	30% above HPI
2004 30 APR	£435,000	£313,817	39% above HPI

7 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 7 CORNELIUS VALE sales between April 2004 and July 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 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 CORNELIUS VALE be worth now?

7 CORNELIUS VALE might now be worth an estimated £788,286.

This is based on house price deflation of 3.3%, between July 2022 and February 2025, for 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 3.3% deflationary decrease is applied to the most recent sale price for 7 CORNELIUS VALE of £815,000 on 22nd July 2022. For the value to have decreased from £815,000 to £788,286 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 7 CORNELIUS VALE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2022 sale price of £815,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNELIUS VALE has not materially changed since July 2022.

How Large is 7 CORNELIUS VALE?

7 CORNELIUS VALE is 209m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 7 CORNELIUS VALE lies on this distribution: 93% of detached houses houses are smaller than 7 CORNELIUS VALE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 CORNELIUS VALE: Plot and Title Map

7 CORNELIUS VALE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 7 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 7 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 7 CORNELIUS VALE?

7 CORNELIUS VALE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 7 on CORNELIUS VALE.