15, WALLASEA GARDENS, CHELMSFORD, CM1 6JY - £250,000

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.

15 WALLASEA GARDENS is a very small terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £385,193. It was last sold for £250,000 in February 2015, which was around 12% above the average February 2015 terraced price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

15 WALLASEA GARDENS Sold Prices

Land registry data shows four sales for 15 WALLASEA GARDENS 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. Most of the four 15 WALLASEA GARDENS 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
2015 27 FEB	£250,000	£223,516	12% above HPI
2007 24 JUL	£125,000	£194,841	36% below HPI
2003 4 DEC	£165,000	£142,316	16% above HPI
1996 6 SEP	£55,750	£50,426	11% above HPI

15 WALLASEA GARDENS 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 15 WALLASEA GARDENS sales between September 1996 and February 2015 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 July 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 WALLASEA GARDENS be worth now?

15 WALLASEA GARDENS might now be worth an estimated £385,193.

This is based on house price inflation of 54.1%, between February 2015 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 54.1% inflationary increase is applied to the most recent sale price for 15 WALLASEA GARDENS of £250,000 on 27th February 2015. For the value to have increased from £250,000 to £385,193 over the nine years and eight months to June 2025, the following assumptions must hold true:

• The value of 15 WALLASEA GARDENS has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The February 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WALLASEA GARDENS has not materially changed since February 2015.

How Large is 15 WALLASEA GARDENS?

15 WALLASEA GARDENS is 88m² according to the EPC inspection conducted in July 2014. 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 WALLASEA GARDENS lies on this distribution: 17% of terraced houses houses are smaller than 15 WALLASEA GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 WALLASEA GARDENS: Plot and Title Map

15 WALLASEA GARDENS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 15 WALLASEA GARDENS, 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 WALLASEA GARDENS). 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 WALLASEA GARDENS?

15 WALLASEA GARDENS is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 15 on WALLASEA GARDENS.