18, WATERHOUSE STREET, CHELMSFORD, CM1 2TY - £367,500

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 WATERHOUSE STREET is a very small extended semi-detached house of 78m², built sometime before 1900, which could now be worth an estimated £407,449. It was last sold for £367,500 in March 2021, which was around 1% below the average March 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

18 WATERHOUSE STREET Sold Prices

Land registry data shows two sales for 18 WATERHOUSE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 18 WATERHOUSE STREET 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
2021 23 MAR	£367,500	£371,131	1% below HPI
2007 23 AUG	£210,000	£237,876	12% below HPI

18 WATERHOUSE STREET 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 two 18 WATERHOUSE STREET sales from August 2007 and March 2021 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 WATERHOUSE STREET be worth now?

18 WATERHOUSE STREET might now be worth an estimated £407,449.

This is based on house price inflation of 10.9%, between March 2021 and February 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 10.9% inflationary increase is applied to the most recent sale price for 18 WATERHOUSE STREET of £367,500 on 23rd March 2021. For the value to have increased from £367,500 to £407,449 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 18 WATERHOUSE STREET has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The March 2021 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 18 WATERHOUSE STREET has not materially changed since March 2021.

How Large is 18 WATERHOUSE STREET?

18 WATERHOUSE STREET is 78m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 WATERHOUSE STREET lies on this distribution: 9% of semi-detached houses houses are smaller than 18 WATERHOUSE STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 WATERHOUSE STREET: Plot and Title Map

18 WATERHOUSE STREET sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 18 WATERHOUSE STREET, 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 WATERHOUSE STREET). 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 WATERHOUSE STREET?

18 WATERHOUSE STREET is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 18 on WATERHOUSE STREET.