14, CHELMER LEA, CHELMSFORD, CM2 7QG - £395,000

14 CHELMER LEA is a midsized extended semi-detached house of 125m², built sometime between 1950 and 1966. It was last sold for £395,000 in July 2016, which was around 25% below the average July 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

14 CHELMER LEA Sold Prices

Land registry data shows three sales for 14 CHELMER LEA 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 14 CHELMER LEA 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
2016 28 JUL	£395,000	£524,445	25% below HPI
2013 3 JAN	£249,995	£380,312	34% below HPI
2007 26 OCT	£235,000	£386,390	39% below HPI

14 CHELMER LEA 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 14 CHELMER LEA sales between October 2007 and July 2016 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 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 CHELMER LEA?

14 CHELMER LEA is 125m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 14 CHELMER LEA lies on this distribution: 54% of detached houses are smaller than 14 CHELMER LEA, and 45% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

14 CHELMER LEA: Plot and Title Map

14 CHELMER LEA sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 14 CHELMER LEA, 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 14 CHELMER LEA). 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 14 CHELMER LEA?

14 CHELMER LEA is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 14 on CHELMER LEA.