21, MAYNE CREST, CHELMSFORD, CM1 6UA - £385,000

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.

21 MAYNE CREST is a very small extended terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £443,715. It was last sold for £385,000 in June 2021, which was around 29% above the average June 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

21 MAYNE CREST Sold Prices

Land registry data shows two sales for 21 MAYNE CREST 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 21 MAYNE CREST 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
2021 3 JUN	£385,000	£298,816	29% above HPI
2008 24 JAN	£272,500	£194,923	40% above HPI

21 MAYNE CREST 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 21 MAYNE CREST sales from January 2008 and June 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 January 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 21 MAYNE CREST be worth now?

21 MAYNE CREST might now be worth an estimated £443,715.

This is based on house price inflation of 15.3%, between June 2021 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 15.3% inflationary increase is applied to the most recent sale price for 21 MAYNE CREST of £385,000 on 3rd June 2021. For the value to have increased from £385,000 to £443,715 over the four years to June 2025, the following assumptions must hold true:

• The value of 21 MAYNE CREST has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MAYNE CREST has not materially changed since June 2021.

How Large is 21 MAYNE CREST?

21 MAYNE CREST is 88m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 21 MAYNE CREST lies on this distribution: 17% of terraced houses houses are smaller than 21 MAYNE CREST, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

21 MAYNE CREST: Plot and Title Map

21 MAYNE CREST sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 21 MAYNE CREST, 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 21 MAYNE CREST). 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 21 MAYNE CREST?

21 MAYNE CREST is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 21 on MAYNE CREST.