1, LIONFIELD TERRACE, CHELMSFORD, CM1 7RH - £338,000

1 LIONFIELD TERRACE is a small extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £338,000 in May 2017, which was around 39% below the average May 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

1 LIONFIELD TERRACE Sold Prices

Land registry data shows two sales for 1 LIONFIELD TERRACE 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 1 LIONFIELD TERRACE 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
2017 31 MAY	£338,000	£554,016	39% below HPI
2007 13 JUL	£205,000	£379,815	46% below HPI

1 LIONFIELD TERRACE 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 1 LIONFIELD TERRACE sales from July 2007 and May 2017 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 July 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 LIONFIELD TERRACE?

1 LIONFIELD TERRACE is 100m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 LIONFIELD TERRACE lies on this distribution: 30% of detached houses are smaller than 1 LIONFIELD TERRACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 LIONFIELD TERRACE: Plot and Title Map

1 LIONFIELD TERRACE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 1 LIONFIELD TERRACE, 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 LIONFIELD TERRACE). 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 LIONFIELD TERRACE?

1 LIONFIELD TERRACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 1 on LIONFIELD TERRACE.