8, RENOIR PLACE, CHELMSFORD, CM1 6FP - £223,000

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 RENOIR PLACE is a midsized extended detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £474,046. It was last sold for £223,000 in May 2004, which was around 29% below the average May 2004 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

8 RENOIR PLACE Sold Prices

Land registry data shows four sales for 8 RENOIR PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 8 RENOIR PLACE 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
2004 14 MAY	£223,000	£313,064	29% below HPI
2001 27 JUL	£147,500	£206,148	28% below HPI
1999 24 NOV	£127,500	£165,023	23% below HPI
1999 31 MAR	£98,000	£142,216	31% below HPI

8 RENOIR PLACE 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 four 8 RENOIR PLACE sales between March 1999 and May 2004 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 July 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2004 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 RENOIR PLACE be worth now?

8 RENOIR PLACE might now be worth an estimated £474,046.

This is based on house price inflation of 112.6%, between May 2004 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 112.6% inflationary increase is applied to the most recent sale price for 8 RENOIR PLACE of £223,000 on 14th May 2004. For the value to have increased from £223,000 to £474,046 over the 21 years and three months to February 2025, the following assumptions must hold true:

• The value of 8 RENOIR PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2004 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RENOIR PLACE has not materially changed since May 2004.

How Large is 8 RENOIR PLACE?

8 RENOIR PLACE is 123m², which includes three extensions, according to the EPC inspection conducted in July 2021. 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 8 RENOIR PLACE lies on this distribution: 52% of detached houses houses are smaller than 8 RENOIR PLACE, and 47% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 RENOIR PLACE: Plot and Title Map

8 RENOIR PLACE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 RENOIR PLACE, 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 RENOIR PLACE). 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 RENOIR PLACE?

8 RENOIR PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 8 on RENOIR PLACE.