23, ARBOUR LANE, CHELMSFORD, CM1 7RG - £307,500

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.

23 ARBOUR LANE is a very small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £371,247. It was last sold for £307,500 in May 2020, which was around 8% above the average May 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

23 ARBOUR LANE Sold Prices

Land registry data shows six sales for 23 ARBOUR LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the six 23 ARBOUR LANE 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
2020 12 MAY	£307,500	£285,252	8% above HPI
2018 26 SEP	£303,000	£280,621	8% above HPI
2005 11 MAR	£187,750	£159,353	18% above HPI
2001 9 NOV	£118,000	£96,253	23% above HPI
2000 14 AUG	£101,500	£85,140	19% above HPI
1995 22 MAY	£59,950	£49,179	22% above HPI

23 ARBOUR LANE 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 six 23 ARBOUR LANE sales between May 1995 and May 2020 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 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2020 sale, which was also at 8% above the HPI.

What might 23 ARBOUR LANE be worth now?

23 ARBOUR LANE might now be worth an estimated £371,247.

This is based on house price inflation of 20.7%, between May 2020 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 20.7% inflationary increase is applied to the most recent sale price for 23 ARBOUR LANE of £307,500 on 12th May 2020. For the value to have increased from £307,500 to £371,247 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 23 ARBOUR LANE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2020 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 23 ARBOUR LANE has not materially changed since May 2020.

How Large is 23 ARBOUR LANE?

23 ARBOUR LANE is 56m² according to the EPC inspection conducted in September 2016. 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 23 ARBOUR LANE lies on this distribution: 2% of terraced houses houses are smaller than 23 ARBOUR LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

23 ARBOUR LANE: Plot and Title Map

23 ARBOUR LANE sits on a plot of roughly 0.019 of an acre, or 75m². The below map shows the location of 23 ARBOUR LANE, 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 23 ARBOUR LANE). 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 23 ARBOUR LANE?

23 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 23 on ARBOUR LANE.