22, CHESTER PLACE, CHELMSFORD, CM1 4NQ - £152,500

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.

22 CHESTER PLACE is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £318,298. It was last sold for £152,500 in July 2005, which was around 8% below the average July 2005 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

22 CHESTER PLACE Sold Prices

Land registry data shows two sales for 22 CHESTER PLACE 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 22 CHESTER PLACE 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
2005 11 JUL	£152,500	£165,302	8% below HPI
2000 15 DEC	£85,500	£86,284	1% below HPI

22 CHESTER PLACE 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 22 CHESTER PLACE sales from December 2000 and July 2005 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2005 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 22 CHESTER PLACE be worth now?

22 CHESTER PLACE might now be worth an estimated £318,298.

This is based on house price inflation of 108.7%, between July 2005 and July 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 108.7% inflationary increase is applied to the most recent sale price for 22 CHESTER PLACE of £152,500 on 11th July 2005. For the value to have increased from £152,500 to £318,298 over the twenty years to July 2025, the following assumptions must hold true:

• The value of 22 CHESTER PLACE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The July 2005 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 22 CHESTER PLACE has not materially changed since July 2005.

How Large is 22 CHESTER PLACE?

22 CHESTER PLACE is 48m² according to the EPC inspection conducted in September 2017. 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 22 CHESTER PLACE lies on this distribution: 1% of terraced houses houses are smaller than 22 CHESTER PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

22 CHESTER PLACE: Plot and Title Map

22 CHESTER PLACE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 22 CHESTER 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 22 CHESTER 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 22 CHESTER PLACE?

22 CHESTER PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 22 on CHESTER PLACE.