2, GEPP PLACE, CHELMSFORD, CM2 6QS - £560,000

2 GEPP PLACE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £560,000 in July 2017, which was around 1% below the average July 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

2 GEPP PLACE Sold Prices

Land registry data shows three sales for 2 GEPP PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the three 2 GEPP PLACE sales was for below the average price, whilst two 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
2017 26 JUL	£560,000	£567,145	1% below HPI
2011 7 JAN	£376,500	£370,260	2% above HPI
2000 29 SEP	£250,000	£195,679	28% above HPI

2 GEPP PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 2 GEPP PLACE sales between September 2000 and July 2017 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 January 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 GEPP PLACE?

2 GEPP PLACE is 142m² according to the EPC inspection conducted in November 2009. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 2 GEPP PLACE lies on this distribution: 69% of detached houses are smaller than 2 GEPP PLACE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 GEPP PLACE: Plot and Title Map

2 GEPP PLACE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 2 GEPP PLACE, 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 GEPP PLACE). 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 GEPP PLACE?

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