45, PEEL ROAD, CHELMSFORD, CM2 6AJ - £350,000

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.

45 PEEL ROAD is a very small semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £411,710. It was last sold for £350,000 in January 2021, which was around 4% below the average January 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

45 PEEL ROAD Sold Prices

Land registry data shows two sales for 45 PEEL ROAD 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 45 PEEL ROAD 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
2021 5 JAN	£350,000	£366,224	4% below HPI
1995 22 FEB	£50,000	£62,435	20% below HPI

45 PEEL ROAD 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 45 PEEL ROAD sales from February 1995 and January 2021 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 February 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 45 PEEL ROAD be worth now?

45 PEEL ROAD might now be worth an estimated £411,710.

This is based on house price inflation of 17.6%, between January 2021 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 17.6% inflationary increase is applied to the most recent sale price for 45 PEEL ROAD of £350,000 on 5th January 2021. For the value to have increased from £350,000 to £411,710 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 45 PEEL ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The January 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 45 PEEL ROAD has not materially changed since January 2021.

How Large is 45 PEEL ROAD?

45 PEEL ROAD is 91m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% 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 45 PEEL ROAD lies on this distribution: 20% of semi-detached houses houses are smaller than 45 PEEL ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

45 PEEL ROAD: Plot and Title Map

45 PEEL ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 45 PEEL 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 45 PEEL 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 45 PEEL ROAD?

45 PEEL ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 45 on PEEL ROAD.