2, ELM ROAD, CHELMSFORD, CM2 0JL - £461,000

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 ELM ROAD is a midsized extended semi-detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £611,626. It was last sold for £461,000 in December 2016, which was around 42% above the average December 2016 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 ELM ROAD Sold Prices

Land registry data shows two sales for 2 ELM ROAD 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 2 ELM 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
2016 16 DEC	£461,000	£323,600	42% above HPI
2009 2 APR	£210,000	£191,549	10% above HPI

2 ELM 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 two 2 ELM ROAD sales from April 2009 and December 2016 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 April 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 2 ELM ROAD be worth now?

2 ELM ROAD might now be worth an estimated £611,626.

This is based on house price inflation of 32.7%, between December 2016 and July 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 32.7% inflationary increase is applied to the most recent sale price for 2 ELM ROAD of £461,000 on 16th December 2016. For the value to have increased from £461,000 to £611,626 over the nine years and five months to July 2025, the following assumptions must hold true:

• The value of 2 ELM ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The December 2016 sale price of £461,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM ROAD has not materially changed since December 2016.

How Large is 2 ELM ROAD?

2 ELM ROAD is 123m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 2 ELM ROAD lies on this distribution: 52% of semi-detached houses houses are smaller than 2 ELM ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 ELM ROAD: Plot and Title Map

2 ELM ROAD sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 ELM 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 2 ELM 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 2 ELM ROAD?

2 ELM ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 2 on ELM ROAD.