73A, HIGHFIELD ROAD, CHELMSFORD, CM1 2NG - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

73A HIGHFIELD ROAD is a very small detached house of 52m². It was last sold for £370,000 in December 2023, which was around 43% below the average December 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

73A HIGHFIELD ROAD Sold Prices

Land registry data shows two sales for 73A HIGHFIELD ROAD 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 73A HIGHFIELD ROAD 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
2023 20 DEC	£370,000	£651,036	43% below HPI
2017 21 AUG	£320,000	£568,445	44% below HPI

73A HIGHFIELD ROAD 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 73A HIGHFIELD ROAD sales from August 2017 and December 2023 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 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 73A HIGHFIELD ROAD?

73A HIGHFIELD ROAD is 52m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 73A HIGHFIELD ROAD lies on this distribution: 1% of detached houses are smaller than 73A HIGHFIELD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

73A HIGHFIELD ROAD: Plot and Title Map

73A HIGHFIELD ROAD sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 73A HIGHFIELD ROAD, 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 73A HIGHFIELD ROAD). 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 73A HIGHFIELD ROAD?

73A HIGHFIELD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 73A on HIGHFIELD ROAD.