2, PALMERS CROFT, CHELMSFORD, CM2 6SR - £525,000

2 PALMERS CROFT is a small detached house of 108m², built sometime between 1967 and 1975. It was last sold for £525,000 in April 2023, which was around 22% below the average April 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

2 PALMERS CROFT Sold Prices

Land registry data shows two sales for 2 PALMERS CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 2 PALMERS CROFT 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
2023 18 APR	£525,000	£670,808	22% below HPI
2008 11 SEP	£340,000	£365,876	7% below HPI

2 PALMERS CROFT 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 two 2 PALMERS CROFT sales from September 2008 and April 2023 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 September 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 PALMERS CROFT?

2 PALMERS CROFT is 108m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 PALMERS CROFT lies on this distribution: 38% of detached houses are smaller than 2 PALMERS CROFT, and 61% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 PALMERS CROFT: Plot and Title Map

2 PALMERS CROFT sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 PALMERS CROFT, 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 PALMERS CROFT). 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 PALMERS CROFT?

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