38, SEVENTH AVENUE, CHELMSFORD, CM1 4EE - £307,000

38 SEVENTH AVENUE is a very small extended detached house of 74m², built sometime between 1900 and 1929. It was last sold for £307,000 in September 2011, which was around 16% below the average September 2011 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.

38 SEVENTH AVENUE Sold Prices

Land registry data shows two sales for 38 SEVENTH AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 38 SEVENTH 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
2011 22 SEP	£307,000	£366,459	16% below HPI
2009 21 SEP	£225,000	£344,879	35% below HPI

38 SEVENTH 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 two 38 SEVENTH AVENUE sales from September 2009 and September 2011 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 September 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 38 SEVENTH AVENUE?

38 SEVENTH AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 38 SEVENTH AVENUE lies on this distribution: 7% of detached houses are smaller than 38 SEVENTH AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

38 SEVENTH AVENUE: Plot and Title Map

38 SEVENTH AVENUE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 38 SEVENTH 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 38 SEVENTH 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 38 SEVENTH AVENUE?

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