1, PYMS ROAD, CHELMSFORD, CM2 8PY - £300,000

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 PYMS ROAD is a very small semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £372,773. It was last sold for £300,000 in February 2017, which was around 9% below the average February 2017 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

1 PYMS ROAD Sold Prices

Land registry data shows two sales for 1 PYMS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 1 PYMS ROAD 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 7 FEB	£300,000	£331,147	9% below HPI
2010 31 MAR	£172,500	£217,993	21% below HPI

1 PYMS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 1 PYMS ROAD sales from March 2010 and February 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 March 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 PYMS ROAD be worth now?

1 PYMS ROAD might now be worth an estimated £372,773.

This is based on house price inflation of 24.3%, between February 2017 and February 2025, for semi-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 24.3% inflationary increase is applied to the most recent sale price for 1 PYMS ROAD of £300,000 on 7th February 2017. For the value to have increased from £300,000 to £372,773 over the eight years to February 2025, the following assumptions must hold true:

• The value of 1 PYMS ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The February 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PYMS ROAD has not materially changed since February 2017.

How Large is 1 PYMS ROAD?

1 PYMS ROAD is 92m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of semi-detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Galleywood, and where 1 PYMS ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 1 PYMS ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

1 PYMS ROAD: Plot and Title Map

1 PYMS ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 1 PYMS ROAD, 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 PYMS ROAD). 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 PYMS ROAD?

1 PYMS ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 1 on PYMS ROAD.