5, QUALE ROAD, CHELMSFORD, CM2 6WQ - £417,000

5 QUALE ROAD is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £417,000 in December 2020, which was around 29% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

5 QUALE ROAD Sold Prices

Land registry data shows three sales for 5 QUALE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 5 QUALE 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
2020 15 DEC	£417,000	£589,917	29% below HPI
2010 8 MAR	£260,000	£358,927	28% below HPI
2000 31 MAR	£137,000	£173,379	21% below HPI

5 QUALE 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 three 5 QUALE ROAD sales between March 2000 and December 2020 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 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 QUALE ROAD?

5 QUALE ROAD is 92m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 5 QUALE ROAD lies on this distribution: 21% of detached houses are smaller than 5 QUALE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 QUALE ROAD: Plot and Title Map

5 QUALE ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 5 QUALE 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 5 QUALE 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 5 QUALE ROAD?

5 QUALE ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 5 on QUALE ROAD.