127, FORTINBRAS WAY, CHELMSFORD, CM2 9UL - £404,000

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.

127 FORTINBRAS WAY is a very small semi-detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £480,593. It was last sold for £404,000 in May 2021, which was around 11% above the average May 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

127 FORTINBRAS WAY Sold Prices

Land registry data shows two sales for 127 FORTINBRAS WAY 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. One of the two 127 FORTINBRAS WAY sales was for above the average price, whilst the other was 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
2021 11 MAY	£404,000	£362,438	11% above HPI
1999 21 MAY	£69,995	£84,997	18% below HPI

127 FORTINBRAS WAY 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 127 FORTINBRAS WAY sales from May 1999 and May 2021 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 May 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 127 FORTINBRAS WAY be worth now?

127 FORTINBRAS WAY might now be worth an estimated £480,593.

This is based on house price inflation of 19%, between May 2021 and August 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 19% inflationary increase is applied to the most recent sale price for 127 FORTINBRAS WAY of £404,000 on 11th May 2021. For the value to have increased from £404,000 to £480,593 over the three years and nine months to August 2025, the following assumptions must hold true:

• The value of 127 FORTINBRAS WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The May 2021 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 127 FORTINBRAS WAY has not materially changed since May 2021.

How Large is 127 FORTINBRAS WAY?

127 FORTINBRAS WAY is 79m² according to the EPC inspection conducted in October 2020. 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 127 FORTINBRAS WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 127 FORTINBRAS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

127 FORTINBRAS WAY: Plot and Title Map

127 FORTINBRAS WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 127 FORTINBRAS WAY, 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 127 FORTINBRAS WAY). 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 127 FORTINBRAS WAY?

127 FORTINBRAS WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 127 on FORTINBRAS WAY.