47, MARCONI ROAD, CHELMSFORD, CM1 1LR - £365,000

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.

47 MARCONI ROAD is a small terraced house of 94m², which could now be worth an estimated £418,679. It was last sold for £365,000 in March 2021, which was around 21% above the average March 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

47 MARCONI ROAD Sold Prices

Land registry data shows two sales for 47 MARCONI ROAD 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. Both of the two 47 MARCONI ROAD sales were 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
2021 31 MAR	£365,000	£300,783	21% above HPI
2015 30 JAN	£359,995	£222,985	61% above HPI

47 MARCONI 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 two 47 MARCONI ROAD sales from January 2015 and March 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 January 2015 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 47 MARCONI ROAD be worth now?

47 MARCONI ROAD might now be worth an estimated £418,679.

This is based on house price inflation of 14.7%, between March 2021 and July 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 14.7% inflationary increase is applied to the most recent sale price for 47 MARCONI ROAD of £365,000 on 31st March 2021. For the value to have increased from £365,000 to £418,679 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 47 MARCONI ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MARCONI ROAD has not materially changed since March 2021.

How Large is 47 MARCONI ROAD?

47 MARCONI ROAD is 94m² according to the EPC inspection conducted in September 2019. 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 47 MARCONI ROAD lies on this distribution: 22% of terraced houses houses are smaller than 47 MARCONI ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

47 MARCONI ROAD: Plot and Title Map

47 MARCONI ROAD sits on a plot of roughly 6.5 acres, or 26,260m². The below map shows the location of 47 MARCONI 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 47 MARCONI 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 47 MARCONI ROAD?

47 MARCONI ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 47 on MARCONI ROAD.