29, ASH GROVE, CHELMSFORD, CM2 9JT - £305,000

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.

29 ASH GROVE is a very small terraced house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £327,889. It was last sold for £305,000 in February 2022, which was around 5% below the average February 2022 terraced price in the Chelmsford local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

29 ASH GROVE Sold Prices

Land registry data shows four sales for 29 ASH GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Most of the four 29 ASH GROVE 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
2022 2 FEB	£305,000	£320,346	5% below HPI
2017 18 AUG	£275,000	£279,217	2% below HPI
2012 23 MAR	£183,000	£178,720	2% above HPI
1995 27 OCT	£48,000	£48,376	1% below HPI

29 ASH GROVE 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 four 29 ASH GROVE sales between October 1995 and February 2022 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 August 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 29 ASH GROVE be worth now?

29 ASH GROVE might now be worth an estimated £327,889.

This is based on house price inflation of 7.5%, between February 2022 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 7.5% inflationary increase is applied to the most recent sale price for 29 ASH GROVE of £305,000 on 2nd February 2022. For the value to have increased from £305,000 to £327,889 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 29 ASH GROVE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The February 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 29 ASH GROVE has not materially changed since February 2022.

How Large is 29 ASH GROVE?

29 ASH GROVE is 58m² according to the EPC inspection conducted in January 2012. 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 29 ASH GROVE lies on this distribution: 2% of terraced houses houses are smaller than 29 ASH GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

29 ASH GROVE: Plot and Title Map

29 ASH GROVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 29 ASH GROVE, 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 29 ASH GROVE). 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 29 ASH GROVE?

29 ASH GROVE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 29 on ASH GROVE.