18, PEEL ROAD, CHELMSFORD, CM2 6AQ - £413,000

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 PEEL ROAD is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £434,225. It was last sold for £413,000 in June 2023, which was around 1% above the average June 2023 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

18 PEEL ROAD Sold Prices

Land registry data shows three sales for 18 PEEL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 18 PEEL ROAD sales were for above the average price, whilst one was 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
2023 30 JUN	£413,000	£409,737	1% above HPI
2018 9 AUG	£348,000	£350,477	1% below HPI
2001 7 MAR	£121,000	£112,382	8% above HPI

18 PEEL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 18 PEEL ROAD sales between March 2001 and June 2023 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 August 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 18 PEEL ROAD be worth now?

18 PEEL ROAD might now be worth an estimated £434,225.

This is based on house price inflation of 5.1%, between June 2023 and June 2025, for semi-detached 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 5.1% inflationary increase is applied to the most recent sale price for 18 PEEL ROAD of £413,000 on 30th June 2023. For the value to have increased from £413,000 to £434,225 over the two years to June 2025, the following assumptions must hold true:

• The value of 18 PEEL ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2023 sale price of £413,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PEEL ROAD has not materially changed since June 2023.

How Large is 18 PEEL ROAD?

18 PEEL ROAD is 82m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 18 PEEL ROAD lies on this distribution: 12% of semi-detached houses houses are smaller than 18 PEEL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 PEEL ROAD: Plot and Title Map

18 PEEL ROAD sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 18 PEEL 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 18 PEEL 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 18 PEEL ROAD?

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