9, VELLACOTTS, CHELMSFORD, CM1 7EA - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 VELLACOTTS is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £395,000 in December 2023, which was around 39% below the average December 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

9 VELLACOTTS Sold Prices

Land registry data shows two sales for 9 VELLACOTTS 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. Both of the two 9 VELLACOTTS 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
2023 8 DEC	£395,000	£651,540	39% below HPI
2018 10 MAY	£300,000	£563,217	47% below HPI

9 VELLACOTTS 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 9 VELLACOTTS sales from May 2018 and December 2023 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 May 2018 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 9 VELLACOTTS?

9 VELLACOTTS is 88m², which includes three extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 9 VELLACOTTS lies on this distribution: 17% of detached houses are smaller than 9 VELLACOTTS, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 VELLACOTTS: Plot and Title Map

9 VELLACOTTS sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 9 VELLACOTTS, 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 VELLACOTTS). 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 VELLACOTTS?

9 VELLACOTTS is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 9 on VELLACOTTS.