5, RUSSELL GARDENS, CHELMSFORD, CM2 8DB - £495,000

5 RUSSELL GARDENS is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £495,000 in July 2018, which was around 13% below the average July 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

5 RUSSELL GARDENS Sold Prices

Land registry data shows two sales for 5 RUSSELL GARDENS 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 RUSSELL GARDENS 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
2018 6 JUL	£495,000	£568,938	13% below HPI
2014 17 JAN	£348,000	£399,419	13% below HPI

5 RUSSELL GARDENS 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 RUSSELL GARDENS sales from January 2014 and July 2018 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2018 sale, which was also at 13% below the HPI.

How Large is 5 RUSSELL GARDENS?

5 RUSSELL GARDENS is 129m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 50% 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 RUSSELL GARDENS lies on this distribution: 58% of detached houses are smaller than 5 RUSSELL GARDENS, and 41% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 RUSSELL GARDENS: Plot and Title Map

5 RUSSELL GARDENS sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 5 RUSSELL GARDENS, 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 RUSSELL GARDENS). 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 RUSSELL GARDENS?

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