7, STONHAM PLACE, CHELMER ROAD, CHELMSFORD, CM2 6DG - £153,000

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 STONHAM PLACE is a very small terraced house of 43m², built sometime from 2007 onwards, which could now be worth an estimated £257,770. It was last sold for £153,000 in March 2014, which was around 25% below the average March 2014 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

7 STONHAM PLACE Sold Prices

Land registry data shows two sales for 7 STONHAM PLACE 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 STONHAM 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
2014 31 MAR	£153,000	£204,412	25% below HPI
2009 26 JUN	£128,250	£163,734	22% below HPI

7 STONHAM 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 two 7 STONHAM PLACE sales from June 2009 and March 2014 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 June 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 STONHAM PLACE be worth now?

7 STONHAM PLACE might now be worth an estimated £257,770.

This is based on house price inflation of 68.5%, between March 2014 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 68.5% inflationary increase is applied to the most recent sale price for 7 STONHAM PLACE of £153,000 on 31st March 2014. For the value to have increased from £153,000 to £257,770 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 7 STONHAM PLACE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2014 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STONHAM PLACE has not materially changed since March 2014.

How Large is 7 STONHAM PLACE?

7 STONHAM PLACE is 43m² according to the EPC inspection conducted in June 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 STONHAM PLACE lies on this distribution: 1% of terraced houses houses are smaller than 7 STONHAM PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 STONHAM PLACE: Plot and Title Map

7 STONHAM PLACE sits on a plot of roughly 0.500 of an acre, or 2,022m². The below map shows the location of 7 STONHAM 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 STONHAM 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 STONHAM PLACE?

7 STONHAM PLACE is located on CHELMER ROAD in CHELMSFORD, in the CM2 postcode district. The below map shows the position of 7 STONHAM PLACE on CHELMER ROAD.