8, MENISH WAY, CHELMSFORD, CM2 6RT - £236,995

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 MENISH WAY is a very small semi-detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £454,797. It was last sold for £236,995 in October 2009, which was around 11% above the average October 2009 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

8 MENISH WAY Sold Prices

Land registry data shows three sales for 8 MENISH WAY 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. All of the three 8 MENISH WAY 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
2009 15 OCT	£236,995	£214,420	11% above HPI
2006 24 MAR	£210,000	£204,573	3% above HPI
1996 26 APR	£69,995	£60,251	16% above HPI

8 MENISH WAY 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 8 MENISH WAY sales between April 1996 and October 2009 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2009 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 MENISH WAY be worth now?

8 MENISH WAY might now be worth an estimated £454,797.

This is based on house price inflation of 91.9%, between October 2009 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 91.9% inflationary increase is applied to the most recent sale price for 8 MENISH WAY of £236,995 on 15th October 2009. For the value to have increased from £236,995 to £454,797 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 MENISH WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The October 2009 sale price of £236,995 represented a fair market value for the property.
• The size, condition, and specification of 8 MENISH WAY has not materially changed since October 2009.

How Large is 8 MENISH WAY?

8 MENISH WAY is 87m² according to the EPC inspection conducted in July 2009. 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 MENISH WAY lies on this distribution: 16% of semi-detached houses houses are smaller than 8 MENISH WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 MENISH WAY: Plot and Title Map

8 MENISH WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 MENISH WAY, 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 MENISH WAY). 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 MENISH WAY?

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