2, COWLIN MEAD, CHELMSFORD, CM1 4FJ - £313,000

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.

2 COWLIN MEAD is a very small terraced house of 71m², which could now be worth an estimated £376,201. It was last sold for £313,000 in October 2020, which was around 9% above the average October 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

2 COWLIN MEAD Sold Prices

Land registry data shows two sales for 2 COWLIN MEAD 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 2 COWLIN MEAD 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 16 OCT	£313,000	£286,531	9% above HPI
2014 17 DEC	£250,000	£224,555	11% above HPI

2 COWLIN MEAD 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 2 COWLIN MEAD sales from December 2014 and October 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 December 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 COWLIN MEAD be worth now?

2 COWLIN MEAD might now be worth an estimated £376,201.

This is based on house price inflation of 20.2%, between October 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 20.2% inflationary increase is applied to the most recent sale price for 2 COWLIN MEAD of £313,000 on 16th October 2020. For the value to have increased from £313,000 to £376,201 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 2 COWLIN MEAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The October 2020 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COWLIN MEAD has not materially changed since October 2020.

How Large is 2 COWLIN MEAD?

2 COWLIN MEAD is 71m² according to the EPC inspection conducted in May 2020. 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 2 COWLIN MEAD lies on this distribution: 5% of terraced houses houses are smaller than 2 COWLIN MEAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 COWLIN MEAD: Plot and Title Map

2 COWLIN MEAD sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 2 COWLIN MEAD, 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 2 COWLIN MEAD). 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 2 COWLIN MEAD?

2 COWLIN MEAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on COWLIN MEAD.