151, NEW LONDON ROAD, CHELMSFORD, CM2 0AA - £322,500

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.

151 NEW LONDON ROAD is a small extended terraced house of 107m², built sometime before 1900, which could now be worth an estimated £619,367. It was last sold for £322,500 in November 2011, which was around 80% above the average November 2011 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

151 NEW LONDON ROAD Sold Prices

Land registry data shows six sales for 151 NEW LONDON ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the six 151 NEW LONDON ROAD 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
2011 24 NOV	£322,500	£179,320	80% above HPI
2004 13 SEP	£265,000	£160,708	65% above HPI
2000 30 JUN	£199,995	£82,513	142% above HPI
1999 3 SEP	£140,000	£70,448	99% above HPI
1997 26 MAR	£108,000	£51,356	110% above HPI
1996 25 MAR	£92,950	£47,318	96% above HPI

151 NEW LONDON ROAD 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 six 151 NEW LONDON ROAD sales between March 1996 and November 2011 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 September 2004 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2011 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 151 NEW LONDON ROAD be worth now?

151 NEW LONDON ROAD might now be worth an estimated £619,367.

This is based on house price inflation of 92.1%, between November 2011 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 92.1% inflationary increase is applied to the most recent sale price for 151 NEW LONDON ROAD of £322,500 on 24th November 2011. For the value to have increased from £322,500 to £619,367 over the fourteen years and five months to June 2025, the following assumptions must hold true:

• The value of 151 NEW LONDON ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2011 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 151 NEW LONDON ROAD has not materially changed since November 2011.

How Large is 151 NEW LONDON ROAD?

151 NEW LONDON ROAD is 107m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% 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 151 NEW LONDON ROAD lies on this distribution: 36% of terraced houses houses are smaller than 151 NEW LONDON ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

151 NEW LONDON ROAD: Plot and Title Map

151 NEW LONDON ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 151 NEW LONDON ROAD, 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 151 NEW LONDON ROAD). 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 151 NEW LONDON ROAD?

151 NEW LONDON ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 151 on NEW LONDON ROAD.