48, HILL ROAD, CHELMSFORD, CM2 6HP - £700,000

48 HILL ROAD is a very large extended detached house of 206m², built sometime between 1900 and 1929. It was last sold for £700,000 in May 2017, which was around 26% above the average May 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

48 HILL ROAD Sold Prices

Land registry data shows two sales for 48 HILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 48 HILL 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
2017 12 MAY	£700,000	£554,016	26% above HPI
2004 21 MAY	£379,950	£309,762	23% above HPI

48 HILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 48 HILL ROAD sales from May 2004 and May 2017 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 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 48 HILL ROAD?

48 HILL ROAD is 206m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 48 HILL ROAD lies on this distribution: 92% of detached houses are smaller than 48 HILL ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

48 HILL ROAD: Plot and Title Map

48 HILL ROAD sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 48 HILL 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 48 HILL 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 48 HILL ROAD?

48 HILL ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 48 on HILL ROAD.