42, RECTORY LANE, CHELMSFORD, CM1 1RE - £60,000

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.

42 RECTORY LANE is a midsized extended terraced house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £225,904. It was last sold for £60,000 in June 2001, which was around 34% below the average June 2001 terraced price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

42 RECTORY LANE Sold Prices

Land registry data shows two sales for 42 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. One of the two 42 RECTORY LANE sales was for below the average price, whilst the other was 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
2001 19 JUN	£60,000	£91,469	34% below HPI
1996 27 SEP	£53,500	£50,426	6% above HPI

42 RECTORY LANE 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 two 42 RECTORY LANE sales from September 1996 and June 2001 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 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2001 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 42 RECTORY LANE be worth now?

42 RECTORY LANE might now be worth an estimated £225,904.

This is based on house price inflation of 276.5%, between June 2001 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 276.5% inflationary increase is applied to the most recent sale price for 42 RECTORY LANE of £60,000 on 19th June 2001. For the value to have increased from £60,000 to £225,904 over the 24 years to June 2025, the following assumptions must hold true:

• The value of 42 RECTORY LANE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2001 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 42 RECTORY LANE has not materially changed since June 2001.

How Large is 42 RECTORY LANE?

42 RECTORY LANE is 113m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 42 RECTORY LANE lies on this distribution: 43% of terraced houses houses are smaller than 42 RECTORY LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

42 RECTORY LANE: Plot and Title Map

42 RECTORY LANE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 42 RECTORY LANE, 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 42 RECTORY LANE). 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 42 RECTORY LANE?

42 RECTORY LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 42 on RECTORY LANE.