6, LODGE CRESCENT, BOREHAM, CHELMSFORD, CM3 3DH - £295,000

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.

6 LODGE CRESCENT is a very small extended terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £355,831. It was last sold for £295,000 in April 2020, which was around 4% above the average April 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

6 LODGE CRESCENT Sold Prices

Land registry data shows four sales for 6 LODGE CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Most of the four 6 LODGE CRESCENT 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
2020 9 APR	£295,000	£283,020	4% above HPI
2016 20 OCT	£260,000	£264,002	2% below HPI
2007 31 AUG	£198,000	£196,669	1% above HPI
2002 19 FEB	£104,000	£99,590	4% above HPI

6 LODGE CRESCENT 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 four 6 LODGE CRESCENT sales between February 2002 and April 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 October 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 6 LODGE CRESCENT be worth now?

6 LODGE CRESCENT might now be worth an estimated £355,831.

This is based on house price inflation of 20.6%, between April 2020 and May 2026, 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 20.6% inflationary increase is applied to the most recent sale price for 6 LODGE CRESCENT of £295,000 on 9th April 2020. For the value to have increased from £295,000 to £355,831 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 6 LODGE CRESCENT has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The April 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LODGE CRESCENT has not materially changed since April 2020.

How Large is 6 LODGE CRESCENT?

6 LODGE CRESCENT is 82m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of terraced houses houses in Boreham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Boreham, and where 6 LODGE CRESCENT lies on this distribution: 13% of terraced houses houses are smaller than 6 LODGE CRESCENT, and 87% of houses are larger. Note that EPC data is not available for all properties in Boreham.

6 LODGE CRESCENT: Plot and Title Map

6 LODGE CRESCENT sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 6 LODGE CRESCENT, 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 6 LODGE CRESCENT). 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 6 LODGE CRESCENT?

6 LODGE CRESCENT is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 6 on LODGE CRESCENT.