12, GEPP PLACE, CHELMSFORD, CM2 6QS - £489,995

12 GEPP PLACE is a large extended detached house of 154m², built sometime between 1996 and 2002. It was last sold for £489,995 in January 2018, which was around 14% below the average January 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

12 GEPP PLACE Sold Prices

Land registry data shows three sales for 12 GEPP PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 12 GEPP PLACE 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
2018 11 JAN	£489,995	£568,081	14% below HPI
2010 29 JAN	£278,000	£353,554	21% below HPI
2001 16 JUL	£200,000	£203,973	2% below HPI

12 GEPP PLACE 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 three 12 GEPP PLACE sales between July 2001 and January 2018 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 January 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 GEPP PLACE?

12 GEPP PLACE is 154m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 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 12 GEPP PLACE lies on this distribution: 75% of detached houses are smaller than 12 GEPP PLACE, and 25% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 GEPP PLACE: Plot and Title Map

12 GEPP PLACE sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 12 GEPP PLACE, 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 12 GEPP PLACE). 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 12 GEPP PLACE?

12 GEPP PLACE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on GEPP PLACE.