3, DEAN WAY, CHELMSFORD, CM1 3DB - £180,000

3 DEAN WAY is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £180,000 in January 2012, which was around 51% below the average January 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

3 DEAN WAY Sold Prices

Land registry data shows three sales for 3 DEAN WAY 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 3 DEAN WAY 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
2012 6 JAN	£180,000	£367,672	51% below HPI
2006 24 NOV	£163,000	£348,223	53% below HPI
2003 27 NOV	£143,000	£304,652	53% below HPI

3 DEAN WAY 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 3 DEAN WAY sales between November 2003 and January 2012 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 November 2006 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2012 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 3 DEAN WAY?

3 DEAN WAY is 84m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 3 DEAN WAY lies on this distribution: 15% of detached houses are smaller than 3 DEAN WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 DEAN WAY: Plot and Title Map

3 DEAN WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 3 DEAN WAY, 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 3 DEAN WAY). 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 3 DEAN WAY?

3 DEAN WAY is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 3 on DEAN WAY.