7, CRAISTON WAY, CHELMSFORD, CM2 8ED - £278,000

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

7 CRAISTON WAY is a small detached house of 108m², built sometime between 1967 and 1975. It was last sold for £278,000 in March 2011, which was around 27% below the average March 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

7 CRAISTON WAY Sold Prices

Land registry data shows three sales for 7 CRAISTON WAY 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 CRAISTON WAY 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
2011 18 MAR	£278,000	£380,093	27% below HPI
2007 6 AUG	£265,000	£385,595	31% below HPI
1999 13 OCT	£124,000	£161,437	23% below HPI

7 CRAISTON WAY 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 CRAISTON WAY sales between October 1999 and March 2011 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 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2011 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 CRAISTON WAY?

7 CRAISTON WAY is 108m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% 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 CRAISTON WAY lies on this distribution: 39% of detached houses are smaller than 7 CRAISTON WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 CRAISTON WAY: Plot and Title Map

7 CRAISTON WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 7 CRAISTON WAY, 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 CRAISTON WAY). 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 CRAISTON WAY?

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