9, ASHMEADS, CHELMSFORD, CM2 9FJ - £387,500

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.

9 ASHMEADS is a small semi-detached house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £429,623. It was last sold for £387,500 in March 2021, which was around 4% above the average March 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

9 ASHMEADS Sold Prices

Land registry data shows three sales for 9 ASHMEADS 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 9 ASHMEADS 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
2021 29 MAR	£387,500	£371,131	4% above HPI
2015 17 JUN	£340,000	£281,486	21% above HPI
2009 24 APR	£264,250	£191,549	38% above HPI

9 ASHMEADS 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 9 ASHMEADS sales between April 2009 and March 2021 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 June 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 ASHMEADS be worth now?

9 ASHMEADS might now be worth an estimated £429,623.

This is based on house price inflation of 10.9%, between March 2021 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 10.9% inflationary increase is applied to the most recent sale price for 9 ASHMEADS of £387,500 on 29th March 2021. For the value to have increased from £387,500 to £429,623 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 9 ASHMEADS has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The March 2021 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 9 ASHMEADS has not materially changed since March 2021.

How Large is 9 ASHMEADS?

9 ASHMEADS is 98m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 9 ASHMEADS lies on this distribution: 27% of semi-detached houses houses are smaller than 9 ASHMEADS, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 ASHMEADS: Plot and Title Map

9 ASHMEADS sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 9 ASHMEADS, 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 9 ASHMEADS). 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 9 ASHMEADS?

9 ASHMEADS is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 9 on ASHMEADS.