2B, ERICK AVENUE, CHELMSFORD, CM1 7BX - £420,000

2B ERICK AVENUE is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £420,000 in July 2016, which was around 20% below the average July 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2B ERICK AVENUE Sold Prices

Land registry data shows three sales for 2B ERICK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 2B ERICK AVENUE 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
2016 22 JUL	£420,000	£524,445	20% below HPI
2000 8 DEC	£143,000	£195,389	27% below HPI
1999 5 FEB	£114,000	£139,864	18% below HPI

2B ERICK AVENUE 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 three 2B ERICK AVENUE sales between February 1999 and July 2016 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2B ERICK AVENUE?

2B ERICK AVENUE is 121m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 2B ERICK AVENUE lies on this distribution: 51% of detached houses are smaller than 2B ERICK AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2B ERICK AVENUE: Plot and Title Map

2B ERICK AVENUE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2B ERICK AVENUE, 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 2B ERICK AVENUE). 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 2B ERICK AVENUE?

2B ERICK AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2B on ERICK AVENUE.