MARROWELLS, MOUNTHILL AVENUE, CHELMSFORD, CM2 6DB - £962,270

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.

MARROWELLS is a very large detached house of 227m², built sometime before 1900, which could now be worth an estimated £1,456,283. It was last sold for £962,270 in August 2014, which was around 119% above the average August 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was F, and the potential energy rating was D.

MARROWELLS Sold Prices

Land registry data shows two sales for MARROWELLS 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 MARROWELLS 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
2014 8 AUG	£962,270	£439,744	119% above HPI
2006 11 APR	£650,000	£338,247	92% above HPI

MARROWELLS 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 MARROWELLS sales from April 2006 and August 2014 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 April 2006 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the August 2014 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might MARROWELLS be worth now?

MARROWELLS might now be worth an estimated £1,456,283.

This is based on house price inflation of 51.3%, between August 2014 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 51.3% inflationary increase is applied to the most recent sale price for MARROWELLS of £962,270 on 8th August 2014. For the value to have increased from £962,270 to £1,456,283 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of MARROWELLS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2014 sale price of £962,270 represented a fair market value for the property.
• The size, condition, and specification of MARROWELLS has not materially changed since August 2014.

How Large is MARROWELLS?

MARROWELLS is 227m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% 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 MARROWELLS lies on this distribution: 95% of detached houses houses are smaller than MARROWELLS, and 5% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

MARROWELLS: Plot and Title Map

MARROWELLS sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of MARROWELLS, 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 MARROWELLS). 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 MARROWELLS?

MARROWELLS is located on MOUNTHILL AVENUE in CHELMSFORD, in the CM2 postcode district. The below map shows the position of MARROWELLS on MOUNTHILL AVENUE.