7, LIME WALK, CHELMSFORD, CM2 9NF - £230,000

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.

7 LIME WALK is a very small terraced house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £281,715. It was last sold for £230,000 in February 2020, which was around 18% below the average February 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

7 LIME WALK Sold Prices

Land registry data shows four sales for 7 LIME WALK 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 7 LIME WALK 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
2020 26 FEB	£230,000	£281,167	18% below HPI
2019 27 SEP	£260,000	£287,587	10% below HPI
2003 16 DEC	£141,000	£142,316	1% below HPI
2002 29 JUL	£122,000	£114,673	6% above HPI

7 LIME WALK 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 7 LIME WALK sales between July 2002 and February 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 September 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 LIME WALK be worth now?

7 LIME WALK might now be worth an estimated £281,715.

This is based on house price inflation of 22.5%, between February 2020 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 22.5% inflationary increase is applied to the most recent sale price for 7 LIME WALK of £230,000 on 26th February 2020. For the value to have increased from £230,000 to £281,715 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 7 LIME WALK has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The February 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LIME WALK has not materially changed since February 2020.

How Large is 7 LIME WALK?

7 LIME WALK is 63m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 LIME WALK lies on this distribution: 3% of terraced houses houses are smaller than 7 LIME WALK, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 LIME WALK: Plot and Title Map

7 LIME WALK sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 7 LIME WALK, 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 LIME WALK). 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 LIME WALK?

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