7, ASHMEADS, CHELMSFORD, CM2 9FJ - £420,499

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.

7 ASHMEADS is a small extended terraced house of 96m², built sometime from 2007 onwards, which could now be worth an estimated £480,052. It was last sold for £420,499 in August 2021, which was around 39% above the average August 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

7 ASHMEADS Sold Prices

Land registry data shows two sales for 7 ASHMEADS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 7 ASHMEADS 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
2021 20 AUG	£420,499	£301,664	39% above HPI
2009 6 MAR	£247,500	£156,270	58% above HPI

7 ASHMEADS 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 two 7 ASHMEADS sales from March 2009 and August 2021 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 2009 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2021 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 7 ASHMEADS be worth now?

7 ASHMEADS might now be worth an estimated £480,052.

This is based on house price inflation of 14.2%, between August 2021 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 14.2% inflationary increase is applied to the most recent sale price for 7 ASHMEADS of £420,499 on 20th August 2021. For the value to have increased from £420,499 to £480,052 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 7 ASHMEADS has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The August 2021 sale price of £420,499 represented a fair market value for the property.
• The size, condition, and specification of 7 ASHMEADS has not materially changed since August 2021.

How Large is 7 ASHMEADS?

7 ASHMEADS is 96m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 7 ASHMEADS lies on this distribution: 24% of terraced houses houses are smaller than 7 ASHMEADS, and 75% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 ASHMEADS: Plot and Title Map

7 ASHMEADS sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 7 ASHMEADS, 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 7 ASHMEADS). 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 7 ASHMEADS?

7 ASHMEADS is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 7 on ASHMEADS.