7, THE LEYS, CHELMSFORD, CM2 6AU - £250,000

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 THE LEYS is a very small terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £356,257. It was last sold for £250,000 in October 2015, which was around 3% above the average October 2015 terraced price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

7 THE LEYS Sold Prices

Land registry data shows three sales for 7 THE LEYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. The three 7 THE LEYS sales were a mix of above the average price, and roughly equal to 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
2015 8 OCT	£250,000	£242,006	3% above HPI
2004 22 APR	£150,000	£149,590	Close to HPI
2000 14 JUL	£94,950	£83,457	14% above HPI

7 THE LEYS 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 three 7 THE LEYS sales between July 2000 and October 2015 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 April 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 7 THE LEYS be worth now?

7 THE LEYS might now be worth an estimated £356,257.

This is based on house price inflation of 42.5%, between October 2015 and August 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 42.5% inflationary increase is applied to the most recent sale price for 7 THE LEYS of £250,000 on 8th October 2015. For the value to have increased from £250,000 to £356,257 over the ten years and two months to August 2025, the following assumptions must hold true:

• The value of 7 THE LEYS has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The October 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE LEYS has not materially changed since October 2015.

How Large is 7 THE LEYS?

7 THE LEYS is 80m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 THE LEYS lies on this distribution: 10% of terraced houses houses are smaller than 7 THE LEYS, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 THE LEYS: Plot and Title Map

7 THE LEYS sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 7 THE LEYS, 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 THE LEYS). 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 THE LEYS?

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