14, PORTWAY, CHELMSFORD, CM2 6YP - £375,000

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.

14 PORTWAY is a very small terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £388,650. It was last sold for £375,000 in July 2023, which was around 13% above the average July 2023 terraced 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 C.

14 PORTWAY Sold Prices

Land registry data shows four sales for 14 PORTWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the four 14 PORTWAY sales were 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 18 JUL	£375,000	£332,292	13% above HPI
2006 23 MAR	£189,000	£167,808	13% above HPI
2003 7 JUL	£155,000	£138,737	12% above HPI
1999 17 DEC	£103,000	£75,362	37% above HPI

14 PORTWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The four 14 PORTWAY sales between December 1999 and July 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 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2023 sale, which was also at 13% above the HPI.

What might 14 PORTWAY be worth now?

14 PORTWAY might now be worth an estimated £388,650.

This is based on house price inflation of 3.6%, between July 2023 and June 2025, for terraced 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 3.6% inflationary increase is applied to the most recent sale price for 14 PORTWAY of £375,000 on 18th July 2023. For the value to have increased from £375,000 to £388,650 over the two years and one month to June 2025, the following assumptions must hold true:

• The value of 14 PORTWAY has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The July 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PORTWAY has not materially changed since July 2023.

How Large is 14 PORTWAY?

14 PORTWAY is 66m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 14 PORTWAY lies on this distribution: 3% of terraced houses houses are smaller than 14 PORTWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

14 PORTWAY: Plot and Title Map

14 PORTWAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 14 PORTWAY, 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 PORTWAY). 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 PORTWAY?

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