39, PYMS ROAD, CHELMSFORD, CM2 8PX - £325,000

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.

39 PYMS ROAD is a very small terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £391,119. It was last sold for £325,000 in March 2020, which was around 15% above the average March 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

39 PYMS ROAD Sold Prices

Land registry data shows three sales for 39 PYMS ROAD 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. One of the three 39 PYMS ROAD sales was for above the average price, whilst two 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
2020 2 MAR	£325,000	£283,670	15% above HPI
2019 21 JAN	£249,000	£276,362	10% below HPI
2018 11 APR	£260,000	£277,361	6% below HPI

39 PYMS ROAD 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 39 PYMS ROAD sales between April 2018 and March 2020 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 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 39 PYMS ROAD be worth now?

39 PYMS ROAD might now be worth an estimated £391,119.

This is based on house price inflation of 20.3%, between March 2020 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 20.3% inflationary increase is applied to the most recent sale price for 39 PYMS ROAD of £325,000 on 2nd March 2020. For the value to have increased from £325,000 to £391,119 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 39 PYMS ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PYMS ROAD has not materially changed since March 2020.

How Large is 39 PYMS ROAD?

39 PYMS ROAD is 80m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of terraced houses houses in Galleywood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Galleywood, and where 39 PYMS ROAD lies on this distribution: 6% of terraced houses houses are smaller than 39 PYMS ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

39 PYMS ROAD: Plot and Title Map

39 PYMS ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 39 PYMS ROAD, 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 39 PYMS ROAD). 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 39 PYMS ROAD?

39 PYMS ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 39 on PYMS ROAD.