87, CHIGNAL ROAD, CHELMSFORD, CM1 2JA - £472,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

87 CHIGNAL ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £472,500 in February 2011, which was around 27% above the average February 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

87 CHIGNAL ROAD Sold Prices

Land registry data shows two sales for 87 CHIGNAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 87 CHIGNAL ROAD sales was for above the average price, whilst the other was 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
2011 15 FEB	£472,500	£372,690	27% above HPI
2003 3 FEB	£227,500	£284,764	20% below HPI

87 CHIGNAL ROAD 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 two 87 CHIGNAL ROAD sales from February 2003 and February 2011 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 February 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2011 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 87 CHIGNAL ROAD?

87 CHIGNAL ROAD is 79m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 87 CHIGNAL ROAD lies on this distribution: 10% of detached houses are smaller than 87 CHIGNAL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

87 CHIGNAL ROAD: Plot and Title Map

87 CHIGNAL ROAD sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 87 CHIGNAL ROAD, 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 87 CHIGNAL ROAD). 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 87 CHIGNAL ROAD?

87 CHIGNAL ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 87 on CHIGNAL ROAD.