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
7 COWLIN MEAD is a midsized detached house of 118m². It was last sold for £520,000 in May 2024, which was around 21% below the average May 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 7 COWLIN MEAD since 1st 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 COWLIN MEAD 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 |
---|---|---|---|
2024 21 MAY | £520,000 | £658,565 | 21% below HPI |
2021 27 AUG | £483,500 | £603,553 | 20% below HPI |
2014 19 DEC | £450,000 | £454,813 | 1% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 7 COWLIN MEAD sales between December 2014 and May 2024 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 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
7 COWLIN MEAD is 118m² according to the EPC inspection conducted in December 2014. 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 7 COWLIN MEAD lies on this distribution: 48% of detached houses are smaller than 7 COWLIN MEAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
7 COWLIN MEAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 7 COWLIN MEAD, 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 COWLIN MEAD). 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.
7 COWLIN MEAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 7 on COWLIN MEAD.