18, POST OFFICE ROAD, BROOMFIELD, CHELMSFORD, CM1 7AD - £637,500

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.

18 POST OFFICE ROAD is a large extended terraced house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £770,102. It was last sold for £637,500 in June 2019, which was around 124% above the average June 2019 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

18 POST OFFICE ROAD Sold Prices

Land registry data shows two sales for 18 POST OFFICE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 18 POST OFFICE 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
2019 21 JUN	£637,500	£285,088	124% above HPI
2004 26 NOV	£399,995	£161,819	147% above HPI

18 POST OFFICE 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 two 18 POST OFFICE ROAD sales from November 2004 and June 2019 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 November 2004 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the June 2019 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 18 POST OFFICE ROAD be worth now?

18 POST OFFICE ROAD might now be worth an estimated £770,102.

This is based on house price inflation of 20.8%, between June 2019 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 20.8% inflationary increase is applied to the most recent sale price for 18 POST OFFICE ROAD of £637,500 on 21st June 2019. For the value to have increased from £637,500 to £770,102 over the six years to June 2025, the following assumptions must hold true:

• The value of 18 POST OFFICE ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2019 sale price of £637,500 represented a fair market value for the property.
• The size, condition, and specification of 18 POST OFFICE ROAD has not materially changed since June 2019.

How Large is 18 POST OFFICE ROAD?

18 POST OFFICE ROAD is 145m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% 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 POST OFFICE ROAD lies on this distribution: 70% of terraced houses houses are smaller than 18 POST OFFICE ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 POST OFFICE ROAD: Plot and Title Map

18 POST OFFICE ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 18 POST OFFICE 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 POST OFFICE 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 POST OFFICE ROAD?

18 POST OFFICE ROAD is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 18 on POST OFFICE ROAD.