18, INKERPOLE PLACE, CHELMSFORD, CM2 6UD - £240,000

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.

18 INKERPOLE PLACE is a very small extended terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £290,156. It was last sold for £240,000 in May 2020, which was around 16% below the average May 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

18 INKERPOLE PLACE Sold Prices

Land registry data shows three sales for 18 INKERPOLE PLACE 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 18 INKERPOLE PLACE sales 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 4 MAY	£240,000	£285,252	16% below HPI
2009 26 OCT	£165,500	£176,561	6% below HPI
1997 7 NOV	£57,000	£58,835	3% below HPI

18 INKERPOLE PLACE 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 18 INKERPOLE PLACE sales between November 1997 and May 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 October 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 INKERPOLE PLACE be worth now?

18 INKERPOLE PLACE might now be worth an estimated £290,156.

This is based on house price inflation of 20.9%, between May 2020 and August 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 20.9% inflationary increase is applied to the most recent sale price for 18 INKERPOLE PLACE of £240,000 on 4th May 2020. For the value to have increased from £240,000 to £290,156 over the four years and nine months to August 2025, the following assumptions must hold true:

• The value of 18 INKERPOLE PLACE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 18 INKERPOLE PLACE has not materially changed since May 2020.

How Large is 18 INKERPOLE PLACE?

18 INKERPOLE PLACE is 48m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 18 INKERPOLE PLACE lies on this distribution: 1% of terraced houses houses are smaller than 18 INKERPOLE PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 INKERPOLE PLACE: Plot and Title Map

18 INKERPOLE PLACE sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 18 INKERPOLE PLACE, 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 18 INKERPOLE PLACE). 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 18 INKERPOLE PLACE?

18 INKERPOLE PLACE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 18 on INKERPOLE PLACE.