7, RENOIR PLACE, CHELMSFORD, CM1 6FP - £395,000

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 RENOIR PLACE is a very small terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £414,517. It was last sold for £395,000 in April 2022, which was around 20% above the average April 2022 terraced price in the Chelmsford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

7 RENOIR PLACE Sold Prices

Land registry data shows four sales for 7 RENOIR PLACE 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. All of the four 7 RENOIR 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
2022 29 APR	£395,000	£328,172	20% above HPI
2003 4 DEC	£187,000	£142,316	31% above HPI
1998 6 NOV	£85,000	£65,547	30% above HPI
1996 29 MAR	£66,000	£47,318	39% above HPI

7 RENOIR 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 four 7 RENOIR PLACE sales between March 1996 and April 2022 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 December 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 RENOIR PLACE be worth now?

7 RENOIR PLACE might now be worth an estimated £414,517.

This is based on house price inflation of 4.9%, between April 2022 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 4.9% inflationary increase is applied to the most recent sale price for 7 RENOIR PLACE of £395,000 on 29th April 2022. For the value to have increased from £395,000 to £414,517 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 7 RENOIR PLACE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The April 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RENOIR PLACE has not materially changed since April 2022.

How Large is 7 RENOIR PLACE?

7 RENOIR PLACE is 78m² according to the EPC inspection conducted in October 2021. 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 RENOIR PLACE lies on this distribution: 9% of terraced houses houses are smaller than 7 RENOIR PLACE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 RENOIR PLACE: Plot and Title Map

7 RENOIR PLACE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 RENOIR 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 RENOIR 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 RENOIR PLACE?

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