54, TELFORD PLACE, CHELMSFORD, CM1 7QZ - £306,000

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.

54 TELFORD PLACE is a very small terraced house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £586,497. It was last sold for £306,000 in September 2011, which was around 70% above the average September 2011 terraced price in the Chelmsford local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

54 TELFORD PLACE Sold Prices

Land registry data shows three sales for 54 TELFORD PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the three 54 TELFORD PLACE 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
2011 26 SEP	£306,000	£179,681	70% above HPI
2007 13 JUL	£320,000	£194,841	64% above HPI
2002 28 JUN	£235,000	£111,555	111% above HPI

54 TELFORD PLACE 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 three 54 TELFORD PLACE sales between June 2002 and September 2011 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 July 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2011 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 54 TELFORD PLACE be worth now?

54 TELFORD PLACE might now be worth an estimated £586,497.

This is based on house price inflation of 91.7%, between September 2011 and June 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 91.7% inflationary increase is applied to the most recent sale price for 54 TELFORD PLACE of £306,000 on 26th September 2011. For the value to have increased from £306,000 to £586,497 over the fourteen years and three months to June 2025, the following assumptions must hold true:

• The value of 54 TELFORD PLACE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The September 2011 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 54 TELFORD PLACE has not materially changed since September 2011.

How Large is 54 TELFORD PLACE?

54 TELFORD PLACE is 87m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 54 TELFORD PLACE lies on this distribution: 16% of terraced houses houses are smaller than 54 TELFORD PLACE, and 84% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

54 TELFORD PLACE: Plot and Title Map

54 TELFORD PLACE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 54 TELFORD PLACE, 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 54 TELFORD PLACE). 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 54 TELFORD PLACE?

54 TELFORD PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 54 on TELFORD PLACE.