38, LONGACRE, CHELMSFORD, CM1 3BJ - £352,500

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.

38 LONGACRE is a small extended semi-detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £434,493. It was last sold for £352,500 in October 2018, which was around 1% above the average October 2018 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

38 LONGACRE Sold Prices

Land registry data shows two sales for 38 LONGACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 38 LONGACRE sales were 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
2018 26 OCT	£352,500	£349,499	1% above HPI
2011 28 JAN	£240,000	£222,616	8% above HPI

38 LONGACRE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 38 LONGACRE sales from January 2011 and October 2018 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 January 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2018 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 38 LONGACRE be worth now?

38 LONGACRE might now be worth an estimated £434,493.

This is based on house price inflation of 23.3%, between October 2018 and June 2025, for semi-detached 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 23.3% inflationary increase is applied to the most recent sale price for 38 LONGACRE of £352,500 on 26th October 2018. For the value to have increased from £352,500 to £434,493 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 38 LONGACRE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The October 2018 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 38 LONGACRE has not materially changed since October 2018.

How Large is 38 LONGACRE?

38 LONGACRE is 105m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 38 LONGACRE lies on this distribution: 34% of semi-detached houses houses are smaller than 38 LONGACRE, and 66% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

38 LONGACRE: Plot and Title Map

38 LONGACRE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 38 LONGACRE, 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 38 LONGACRE). 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 38 LONGACRE?

38 LONGACRE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 38 on LONGACRE.