1, ALDERBURY LEA, BICKNACRE, CHELMSFORD, CM3 4XQ - £122,500

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.

1 ALDERBURY LEA is a very small terraced house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £220,617. It was last sold for £122,500 in June 2013, which was around 36% below the average June 2013 terraced price in the Chelmsford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

1 ALDERBURY LEA Sold Prices

Land registry data shows two sales for 1 ALDERBURY LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 1 ALDERBURY LEA 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
2013 28 JUN	£122,500	£191,225	36% below HPI
2004 19 OCT	£116,000	£160,324	28% below HPI

1 ALDERBURY LEA Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 1 ALDERBURY LEA sales from October 2004 and June 2013 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 ALDERBURY LEA be worth now?

1 ALDERBURY LEA might now be worth an estimated £220,617.

This is based on house price inflation of 80.1%, between June 2013 and June 2025, for terraced 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 80.1% inflationary increase is applied to the most recent sale price for 1 ALDERBURY LEA of £122,500 on 28th June 2013. For the value to have increased from £122,500 to £220,617 over the twelve years to June 2025, the following assumptions must hold true:

• The value of 1 ALDERBURY LEA has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2013 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 1 ALDERBURY LEA has not materially changed since June 2013.

How Large is 1 ALDERBURY LEA?

1 ALDERBURY LEA is 40m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of terraced houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bicknacre, and where 1 ALDERBURY LEA lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 ALDERBURY LEA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

1 ALDERBURY LEA: Plot and Title Map

1 ALDERBURY LEA sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 1 ALDERBURY LEA, 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 1 ALDERBURY LEA). 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 1 ALDERBURY LEA?

1 ALDERBURY LEA is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 1 on ALDERBURY LEA.