78, CHELWATER, GREAT BADDOW, CHELMSFORD, CM2 7UR - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

78 CHELWATER is a very small semi-detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £410,507. It was last sold for £355,000 in March 2019, which was about the average March 2019 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

78 CHELWATER Sold Prices

Land registry data shows three sales for 78 CHELWATER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. The three 78 CHELWATER sales were a mix of roughly equal to the average price, and above 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
2019 1 MAR	£355,000	£355,837	Close to HPI
2015 30 MAR	£307,000	£272,906	12% above HPI
2009 27 FEB	£245,000	£193,572	27% above HPI

78 CHELWATER Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 78 CHELWATER sales between February 2009 and March 2019 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 March 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 78 CHELWATER be worth now?

78 CHELWATER might now be worth an estimated £410,507.

This is based on house price inflation of 15.6%, between March 2019 and February 2025, for semi-detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for 78 CHELWATER of £355,000 on 1st March 2019. For the value to have increased from £355,000 to £410,507 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 78 CHELWATER has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The March 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 78 CHELWATER has not materially changed since March 2019.

How Large is 78 CHELWATER?

78 CHELWATER is 87m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 78 CHELWATER lies on this distribution: 16% of semi-detached houses houses are smaller than 78 CHELWATER, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

78 CHELWATER: Plot and Title Map

78 CHELWATER sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 78 CHELWATER, 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 78 CHELWATER). 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 78 CHELWATER?

78 CHELWATER is located in GREAT BADDOW, in the CM2 postcode district. The below map shows the position of No. 78 on CHELWATER.