7, PEARL SQUARE, CHELMSFORD, CM2 9FP - £380,000

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 PEARL SQUARE is a large detached house of 144m². It was last sold for £380,000 in March 2016, which was around 27% below the average March 2016 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 B.

7 PEARL SQUARE Sold Prices

Land registry data shows two sales for 7 PEARL SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 7 PEARL SQUARE 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 14 MAR	£380,000	£518,498	27% below HPI
2011 28 APR	£325,000	£382,743	15% below HPI

7 PEARL SQUARE 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 two 7 PEARL SQUARE sales from April 2011 and March 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 April 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 PEARL SQUARE?

7 PEARL SQUARE is 144m² according to the EPC inspection conducted in November 2010. This puts it in the largest 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 PEARL SQUARE lies on this distribution: 69% of detached houses are smaller than 7 PEARL SQUARE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 PEARL SQUARE: Plot and Title Map

7 PEARL SQUARE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 7 PEARL SQUARE, 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 PEARL SQUARE). 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 PEARL SQUARE?

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