71, CORNELIUS VALE, CHELMSFORD, CM2 6GY - £260,000

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

71 CORNELIUS VALE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £260,000 in January 2014, which was around 35% below the average January 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

71 CORNELIUS VALE Sold Prices

Land registry data shows three sales for 71 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 71 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
2014 30 JAN	£260,000	£399,419	35% below HPI
2004 8 APR	£222,995	£310,507	28% below HPI
2002 28 JUN	£160,000	£245,730	35% below HPI

71 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 71 CORNELIUS VALE sales between June 2002 and January 2014 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 71 CORNELIUS VALE?

71 CORNELIUS VALE is 84m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 71 CORNELIUS VALE lies on this distribution: 13% of detached houses are smaller than 71 CORNELIUS VALE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

71 CORNELIUS VALE: Plot and Title Map

71 CORNELIUS VALE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 71 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 71 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 71 CORNELIUS VALE?

71 CORNELIUS VALE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 71 on CORNELIUS VALE.