71, THIRD AVENUE, CHELMSFORD, CM1 4EX - £555,000

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.

71 THIRD AVENUE is a midsized extended semi-detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £668,858. It was last sold for £555,000 in October 2020, which was around 55% above the average October 2020 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

71 THIRD AVENUE Sold Prices

Land registry data shows three sales for 71 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 71 THIRD AVENUE 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
2020 22 OCT	£555,000	£357,757	55% above HPI
2016 28 SEP	£474,000	£327,977	45% above HPI
2013 28 JUN	£250,000	£233,250	7% above HPI

71 THIRD AVENUE 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 three 71 THIRD AVENUE sales between June 2013 and October 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 2016 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2020 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 71 THIRD AVENUE be worth now?

71 THIRD AVENUE might now be worth an estimated £668,858.

This is based on house price inflation of 20.5%, between October 2020 and August 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 20.5% inflationary increase is applied to the most recent sale price for 71 THIRD AVENUE of £555,000 on 22nd October 2020. For the value to have increased from £555,000 to £668,858 over the five years and two months to August 2025, the following assumptions must hold true:

• The value of 71 THIRD AVENUE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The October 2020 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 71 THIRD AVENUE has not materially changed since October 2020.

How Large is 71 THIRD AVENUE?

71 THIRD AVENUE is 117m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% 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 71 THIRD AVENUE lies on this distribution: 47% of semi-detached houses houses are smaller than 71 THIRD AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

71 THIRD AVENUE: Plot and Title Map

71 THIRD AVENUE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 71 THIRD AVENUE, 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 71 THIRD AVENUE). 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 71 THIRD AVENUE?

71 THIRD AVENUE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 71 on THIRD AVENUE.