17, BISHOP ROAD, CHELMSFORD, CM1 1PX - £515,000

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.

17 BISHOP ROAD is a small terraced house of 104m², built sometime before 1900, which could now be worth an estimated £620,869. It was last sold for £515,000 in November 2020, which was around 80% above the average November 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

17 BISHOP ROAD Sold Prices

Land registry data shows three sales for 17 BISHOP ROAD 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. All of the three 17 BISHOP 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
2020 27 NOV	£515,000	£285,663	80% above HPI
2013 8 MAR	£245,000	£187,048	31% above HPI
1999 19 FEB	£83,000	£63,073	32% above HPI

17 BISHOP 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 three 17 BISHOP ROAD sales between February 1999 and November 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 March 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2020 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 17 BISHOP ROAD be worth now?

17 BISHOP ROAD might now be worth an estimated £620,869.

This is based on house price inflation of 20.6%, between November 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 20.6% inflationary increase is applied to the most recent sale price for 17 BISHOP ROAD of £515,000 on 27th November 2020. For the value to have increased from £515,000 to £620,869 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 17 BISHOP ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2020 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BISHOP ROAD has not materially changed since November 2020.

How Large is 17 BISHOP ROAD?

17 BISHOP ROAD is 104m² according to the EPC inspection conducted in September 2012. 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 17 BISHOP ROAD lies on this distribution: 33% of terraced houses houses are smaller than 17 BISHOP ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

17 BISHOP ROAD: Plot and Title Map

17 BISHOP ROAD sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 17 BISHOP 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 17 BISHOP 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 17 BISHOP ROAD?

17 BISHOP ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 17 on BISHOP ROAD.