PIPPINS, SANDFORD MILL ROAD, CHELMSFORD, CM2 6NT - £695,000

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

PIPPINS is a large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £695,000 in August 2016, which was around 29% above the average August 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

PIPPINS Sold Prices

Land registry data shows two sales for PIPPINS 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 PIPPINS 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
2016 22 AUG	£695,000	£538,334	29% above HPI
2002 31 OCT	£335,000	£265,315	26% above HPI

PIPPINS 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 PIPPINS sales from October 2002 and August 2016 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 October 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2016 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is PIPPINS?

PIPPINS is 139m², which includes four extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where PIPPINS lies on this distribution: 65% of detached houses are smaller than PIPPINS, and 34% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on SANDFORD MILL ROAD in CHELMSFORD, in the CM2 postcode district. The below map shows the position of PIPPINS on SANDFORD MILL ROAD.