75, MICAWBER WAY, CHELMSFORD, CM1 4UE - £266,000

75 MICAWBER WAY is a very small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £266,000 in March 2013, which was around 30% below the average March 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

75 MICAWBER WAY Sold Prices

Land registry data shows three sales for 75 MICAWBER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 75 MICAWBER WAY 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
2013 28 MAR	£266,000	£380,196	30% below HPI
2008 6 JUN	£280,000	£381,161	27% below HPI
2002 8 NOV	£193,000	£272,382	29% below HPI

75 MICAWBER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 75 MICAWBER WAY sales between November 2002 and March 2013 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 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 75 MICAWBER WAY?

75 MICAWBER WAY is 90m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 75 MICAWBER WAY lies on this distribution: 19% of detached houses are smaller than 75 MICAWBER WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

75 MICAWBER WAY: Plot and Title Map

75 MICAWBER WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 75 MICAWBER WAY, 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 75 MICAWBER WAY). 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 75 MICAWBER WAY?

75 MICAWBER WAY is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 75 on MICAWBER WAY.