78, LONGACRE, CHELMSFORD, CM1 3BJ - £400,000

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 LONGACRE is a midsized detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £464,418. It was last sold for £400,000 in July 2017, which was around 30% below the average July 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

78 LONGACRE Sold Prices

Land registry data shows three sales for 78 LONGACRE 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 78 LONGACRE 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
2017 31 JUL	£400,000	£573,192	30% below HPI
2005 20 SEP	£272,500	£332,059	18% below HPI
2002 25 FEB	£179,995	£224,861	20% below HPI

78 LONGACRE 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 78 LONGACRE sales between February 2002 and July 2017 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 September 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 78 LONGACRE be worth now?

78 LONGACRE might now be worth an estimated £464,418.

This is based on house price inflation of 16.1%, between July 2017 and February 2025, for 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 16.1% inflationary increase is applied to the most recent sale price for 78 LONGACRE of £400,000 on 31st July 2017. For the value to have increased from £400,000 to £464,418 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 78 LONGACRE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 78 LONGACRE has not materially changed since July 2017.

How Large is 78 LONGACRE?

78 LONGACRE is 125m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 78 LONGACRE lies on this distribution: 54% of detached houses houses are smaller than 78 LONGACRE, and 46% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

78 LONGACRE: Plot and Title Map

78 LONGACRE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 78 LONGACRE, 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 LONGACRE). 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 LONGACRE?

78 LONGACRE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 78 on LONGACRE.