40, CHARNWOOD AVENUE, CHELMSFORD, CM1 2TQ - £345,000

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.

40 CHARNWOOD AVENUE is a small terraced house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £351,465. It was last sold for £345,000 in January 2023, which was around 2% above the average January 2023 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

40 CHARNWOOD AVENUE Sold Prices

Land registry data shows three sales for 40 CHARNWOOD 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. Two of the three 40 CHARNWOOD AVENUE sales were for above the average price, whilst one was 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
2023 31 JAN	£345,000	£338,521	2% above HPI
2014 30 MAY	£210,000	£207,968	1% above HPI
1999 30 APR	£60,000	£65,908	9% below HPI

40 CHARNWOOD 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 40 CHARNWOOD AVENUE sales between April 1999 and January 2023 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 May 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 40 CHARNWOOD AVENUE be worth now?

40 CHARNWOOD AVENUE might now be worth an estimated £351,465.

This is based on house price inflation of 1.9%, between January 2023 and August 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 1.9% inflationary increase is applied to the most recent sale price for 40 CHARNWOOD AVENUE of £345,000 on 31st January 2023. For the value to have increased from £345,000 to £351,465 over the one year and five months to August 2025, the following assumptions must hold true:

• The value of 40 CHARNWOOD AVENUE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The January 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHARNWOOD AVENUE has not materially changed since January 2023.

How Large is 40 CHARNWOOD AVENUE?

40 CHARNWOOD AVENUE is 93m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 40 CHARNWOOD AVENUE lies on this distribution: 21% of terraced houses houses are smaller than 40 CHARNWOOD AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

40 CHARNWOOD AVENUE: Plot and Title Map

40 CHARNWOOD AVENUE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 40 CHARNWOOD 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 40 CHARNWOOD 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 40 CHARNWOOD AVENUE?

40 CHARNWOOD AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 40 on CHARNWOOD AVENUE.