8, ALBRA MEAD, CHELMSFORD, CM2 6YG - £425,000

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.

8 ALBRA MEAD is a very small semi-detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £443,987. It was last sold for £425,000 in January 2022, which was around 8% above the average January 2022 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 ALBRA MEAD Sold Prices

Land registry data shows four sales for 8 ALBRA MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 8 ALBRA MEAD sales were for 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
2022 21 JAN	£425,000	£393,878	8% above HPI
2003 7 MAR	£215,000	£167,964	28% above HPI
2001 3 AUG	£148,000	£119,683	24% above HPI
1999 28 MAY	£127,500	£84,997	50% above HPI

8 ALBRA MEAD 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 four 8 ALBRA MEAD sales between May 1999 and January 2022 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 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 ALBRA MEAD be worth now?

8 ALBRA MEAD might now be worth an estimated £443,987.

This is based on house price inflation of 4.5%, between January 2022 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 4.5% inflationary increase is applied to the most recent sale price for 8 ALBRA MEAD of £425,000 on 21st January 2022. For the value to have increased from £425,000 to £443,987 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 ALBRA MEAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The January 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALBRA MEAD has not materially changed since January 2022.

How Large is 8 ALBRA MEAD?

8 ALBRA MEAD is 82m² according to the EPC inspection conducted in July 2016. 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 8 ALBRA MEAD lies on this distribution: 12% of semi-detached houses houses are smaller than 8 ALBRA MEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 ALBRA MEAD: Plot and Title Map

8 ALBRA MEAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 8 ALBRA MEAD, 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 8 ALBRA MEAD). 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 8 ALBRA MEAD?

8 ALBRA MEAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 8 on ALBRA MEAD.