317, MEADGATE AVENUE, CHELMSFORD, CM2 7NL - £295,000

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.

317 MEADGATE AVENUE is a very small extended terraced house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £373,238. It was last sold for £295,000 in November 2017, which was around 8% above the average November 2017 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

317 MEADGATE AVENUE Sold Prices

Land registry data shows three sales for 317 MEADGATE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. The three 317 MEADGATE AVENUE sales were a mix of above the average price, and roughly equal to 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
2017 10 NOV	£295,000	£272,197	8% above HPI
2000 9 NOV	£87,000	£86,714	Close to HPI
1995 20 JUN	£56,000	£48,517	15% above HPI

317 MEADGATE AVENUE 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 three 317 MEADGATE AVENUE sales between June 1995 and November 2017 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 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 317 MEADGATE AVENUE be worth now?

317 MEADGATE AVENUE might now be worth an estimated £373,238.

This is based on house price inflation of 26.5%, between November 2017 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 26.5% inflationary increase is applied to the most recent sale price for 317 MEADGATE AVENUE of £295,000 on 10th November 2017. For the value to have increased from £295,000 to £373,238 over the eight years and five months to June 2025, the following assumptions must hold true:

• The value of 317 MEADGATE AVENUE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 317 MEADGATE AVENUE has not materially changed since November 2017.

How Large is 317 MEADGATE AVENUE?

317 MEADGATE AVENUE is 88m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 317 MEADGATE AVENUE lies on this distribution: 17% of terraced houses houses are smaller than 317 MEADGATE AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

317 MEADGATE AVENUE: Plot and Title Map

317 MEADGATE AVENUE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 317 MEADGATE 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 317 MEADGATE 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 317 MEADGATE AVENUE?

317 MEADGATE AVENUE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 317 on MEADGATE AVENUE.