88, RUBENS GATE, CHELMSFORD, CM1 6GN - £285,000

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

88 RUBENS GATE is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £285,000 in August 2017, which was around 50% below the average August 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

88 RUBENS GATE Sold Prices

Land registry data shows five sales for 88 RUBENS GATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 88 RUBENS GATE 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 30 AUG	£285,000	£568,445	50% below HPI
2005 25 NOV	£170,000	£327,427	48% below HPI
2001 31 AUG	£108,000	£209,836	49% below HPI
2000 24 MAR	£90,000	£173,379	48% below HPI
1996 29 NOV	£59,000	£110,888	47% below HPI

88 RUBENS GATE 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 five 88 RUBENS GATE sales between November 1996 and August 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 November 2005 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2017 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 88 RUBENS GATE?

88 RUBENS GATE is 52m² according to the EPC inspection conducted in February 2017. 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 88 RUBENS GATE lies on this distribution: 1% of detached houses are smaller than 88 RUBENS GATE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

88 RUBENS GATE: Plot and Title Map

88 RUBENS GATE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 88 RUBENS GATE, 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 88 RUBENS GATE). 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 88 RUBENS GATE?

88 RUBENS GATE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 88 on RUBENS GATE.