15, OXFORD COURT, CHELMSFORD, CM2 6AX - £308,500

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.

15 OXFORD COURT is a very small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £377,866. It was last sold for £308,500 in February 2020, which was around 10% above the average February 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

15 OXFORD COURT Sold Prices

Land registry data shows three sales for 15 OXFORD COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. One of the three 15 OXFORD COURT sales was for above the average price, whilst two 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
2020 25 FEB	£308,500	£281,167	10% above HPI
2015 26 AUG	£220,000	£234,181	6% below HPI
2011 27 APR	£173,000	£186,097	7% below HPI

15 OXFORD COURT 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 three 15 OXFORD COURT sales between April 2011 and February 2020 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 August 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 OXFORD COURT be worth now?

15 OXFORD COURT might now be worth an estimated £377,866.

This is based on house price inflation of 22.5%, between February 2020 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 22.5% inflationary increase is applied to the most recent sale price for 15 OXFORD COURT of £308,500 on 25th February 2020. For the value to have increased from £308,500 to £377,866 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 15 OXFORD COURT has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The February 2020 sale price of £308,500 represented a fair market value for the property.
• The size, condition, and specification of 15 OXFORD COURT has not materially changed since February 2020.

How Large is 15 OXFORD COURT?

15 OXFORD COURT is 90m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% 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 15 OXFORD COURT lies on this distribution: 19% of terraced houses houses are smaller than 15 OXFORD COURT, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 OXFORD COURT: Plot and Title Map

15 OXFORD COURT sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 15 OXFORD COURT, 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 15 OXFORD COURT). 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 15 OXFORD COURT?

15 OXFORD COURT is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 15 on OXFORD COURT.