3, PEARL SQUARE, CHELMSFORD, CM2 9FP - £300,000

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.

3 PEARL SQUARE is a very small extended terraced house of 69m², built sometime between 2007 and 2011, which could now be worth an estimated £303,452. It was last sold for £300,000 in April 2025, which was around 11% below the average April 2025 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was A.

3 PEARL SQUARE Sold Prices

Land registry data shows two sales for 3 PEARL SQUARE 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. One of the two 3 PEARL SQUARE sales was for below the average price, whilst the other was 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
2025 1 APR	£300,000	£337,497	11% below HPI
2011 8 APR	£209,500	£186,097	13% above HPI

3 PEARL SQUARE 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 3 PEARL SQUARE sales from April 2011 and April 2025 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 April 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2025 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 PEARL SQUARE be worth now?

3 PEARL SQUARE might now be worth an estimated £303,452.

This is based on house price inflation of 1.2%, between April 2025 and May 2026, 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 1.2% inflationary increase is applied to the most recent sale price for 3 PEARL SQUARE of £300,000 on 1st April 2025. For the value to have increased from £300,000 to £303,452 over the eleven months to May 2026, the following assumptions must hold true:

• The value of 3 PEARL SQUARE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The April 2025 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PEARL SQUARE has not materially changed since April 2025.

How Large is 3 PEARL SQUARE?

3 PEARL SQUARE is 69m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 3 PEARL SQUARE lies on this distribution: 4% of terraced houses houses are smaller than 3 PEARL SQUARE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 PEARL SQUARE: Plot and Title Map

3 PEARL SQUARE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 3 PEARL SQUARE, 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 PEARL SQUARE). 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 PEARL SQUARE?

3 PEARL SQUARE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 3 on PEARL SQUARE.