12, WALLACE CRESCENT, CHELMSFORD, CM2 9QL - £200,000

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.

12 WALLACE CRESCENT is a very small extended semi-detached house of 64m², built sometime between 1930 and 1949, which could now be worth an estimated £210,118. It was last sold for £200,000 in November 2023, which was around 51% below the average November 2023 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

12 WALLACE CRESCENT Sold Prices

Land registry data shows three sales for 12 WALLACE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 12 WALLACE CRESCENT sales were for below the average price, whilst one was 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
2023 7 NOV	£200,000	£407,698	51% below HPI
2013 12 MAR	£242,000	£229,287	6% above HPI
2007 2 MAR	£210,000	£220,572	5% below HPI

12 WALLACE CRESCENT 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 three 12 WALLACE CRESCENT sales between March 2007 and November 2023 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 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 12 WALLACE CRESCENT be worth now?

12 WALLACE CRESCENT might now be worth an estimated £210,118.

This is based on house price inflation of 5.1%, between November 2023 and May 2026, 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 5.1% inflationary increase is applied to the most recent sale price for 12 WALLACE CRESCENT of £200,000 on 7th November 2023. For the value to have increased from £200,000 to £210,118 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 12 WALLACE CRESCENT has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The November 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WALLACE CRESCENT has not materially changed since November 2023.

How Large is 12 WALLACE CRESCENT?

12 WALLACE CRESCENT is 64m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 12 WALLACE CRESCENT lies on this distribution: 3% of semi-detached houses houses are smaller than 12 WALLACE CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 WALLACE CRESCENT: Plot and Title Map

12 WALLACE CRESCENT sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12 WALLACE CRESCENT, 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 WALLACE CRESCENT). 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 WALLACE CRESCENT?

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