7, CHESTER PLACE, CHELMSFORD, CM1 4NQ - £65,500

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 CHESTER PLACE is a very small semi-detached house of 34m², built sometime between 1991 and 1995, which could now be worth an estimated £268,342. It was last sold for £65,500 in June 2000, which was around 38% below the average June 2000 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

7 CHESTER PLACE Sold Prices

Land registry data shows two sales for 7 CHESTER PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 7 CHESTER PLACE 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
2000 30 JUN	£65,500	£105,153	38% below HPI
1998 30 OCT	£44,500	£84,533	47% below HPI

7 CHESTER PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 7 CHESTER PLACE sales from October 1998 and June 2000 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 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2000 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 7 CHESTER PLACE be worth now?

7 CHESTER PLACE might now be worth an estimated £268,342.

This is based on house price inflation of 309.7%, between June 2000 and June 2025, for semi-detached 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 309.7% inflationary increase is applied to the most recent sale price for 7 CHESTER PLACE of £65,500 on 30th June 2000. For the value to have increased from £65,500 to £268,342 over the 25 years to June 2025, the following assumptions must hold true:

• The value of 7 CHESTER PLACE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2000 sale price of £65,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESTER PLACE has not materially changed since June 2000.

How Large is 7 CHESTER PLACE?

7 CHESTER PLACE is 34m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 7 CHESTER PLACE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 7 CHESTER PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 CHESTER PLACE: Plot and Title Map

7 CHESTER PLACE sits on a plot of roughly 1.4 acres, or 5,718m². The below map shows the location of 7 CHESTER 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 7 CHESTER 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 7 CHESTER PLACE?

7 CHESTER PLACE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 7 on CHESTER PLACE.