5, FIVE ACRES, DANBURY, CHELMSFORD, CM3 4NB - £385,000

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.

5 FIVE ACRES is a midsized extended detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £562,843. It was last sold for £385,000 in July 2015, which was around 18% below the average July 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 FIVE ACRES Sold Prices

Land registry data shows two sales for 5 FIVE ACRES 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 5 FIVE ACRES 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
2015 10 JUL	£385,000	£470,373	18% below HPI
2003 7 MAR	£250,000	£291,737	14% below HPI

5 FIVE ACRES 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 5 FIVE ACRES sales from March 2003 and July 2015 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 March 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 FIVE ACRES be worth now?

5 FIVE ACRES might now be worth an estimated £562,843.

This is based on house price inflation of 46.2%, between July 2015 and April 2026, for 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 46.2% inflationary increase is applied to the most recent sale price for 5 FIVE ACRES of £385,000 on 10th July 2015. For the value to have increased from £385,000 to £562,843 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 5 FIVE ACRES has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FIVE ACRES has not materially changed since July 2015.

How Large is 5 FIVE ACRES?

5 FIVE ACRES is 131m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicknacre, and where 5 FIVE ACRES lies on this distribution: 60% of detached houses houses are smaller than 5 FIVE ACRES, and 38% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

5 FIVE ACRES: Plot and Title Map

5 FIVE ACRES sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 5 FIVE ACRES, 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 5 FIVE ACRES). 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 5 FIVE ACRES?

5 FIVE ACRES is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 5 on FIVE ACRES.