153, UPPER BRIDGE ROAD, CHELMSFORD, CM2 0BB - £232,000

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.

153 UPPER BRIDGE ROAD is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £374,293. It was last sold for £232,000 in June 2014, which was around 10% above the average June 2014 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

153 UPPER BRIDGE ROAD Sold Prices

Land registry data shows six sales for 153 UPPER BRIDGE 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. Most of the six 153 UPPER BRIDGE 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
2014 30 JUN	£232,000	£211,600	10% above HPI
2007 2 MAR	£208,000	£181,463	15% above HPI
2004 19 MAR	£175,000	£147,427	19% above HPI
2000 11 MAY	£30,433	£80,838	62% below HPI
1998 24 APR	£67,500	£61,922	9% above HPI
1995 25 OCT	£43,300	£48,376	10% below HPI

153 UPPER BRIDGE 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 153 UPPER BRIDGE ROAD sales between October 1995 and June 2014 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 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 153 UPPER BRIDGE ROAD be worth now?

153 UPPER BRIDGE ROAD might now be worth an estimated £374,293.

This is based on house price inflation of 61.3%, between June 2014 and May 2026, 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 61.3% inflationary increase is applied to the most recent sale price for 153 UPPER BRIDGE ROAD of £232,000 on 30th June 2014. For the value to have increased from £232,000 to £374,293 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 153 UPPER BRIDGE ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2014 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 153 UPPER BRIDGE ROAD has not materially changed since June 2014.

How Large is 153 UPPER BRIDGE ROAD?

153 UPPER BRIDGE ROAD is 68m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 153 UPPER BRIDGE ROAD lies on this distribution: 4% of terraced houses houses are smaller than 153 UPPER BRIDGE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

153 UPPER BRIDGE ROAD: Plot and Title Map

153 UPPER BRIDGE ROAD sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 153 UPPER BRIDGE 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 153 UPPER BRIDGE 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 153 UPPER BRIDGE ROAD?

153 UPPER BRIDGE ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 153 on UPPER BRIDGE ROAD.