8, AUGUSTINE WAY, BICKNACRE, CHELMSFORD, CM3 4ET - £525,000

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.

8 AUGUSTINE WAY is a large extended semi-detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £610,527. It was last sold for £525,000 in June 2021, which was around 43% above the average June 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

8 AUGUSTINE WAY Sold Prices

Land registry data shows five sales for 8 AUGUSTINE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 8 AUGUSTINE WAY 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
2021 29 JUN	£525,000	£366,354	43% above HPI
2012 31 AUG	£300,000	£233,354	29% above HPI
2003 19 NOV	£250,000	£180,721	38% above HPI
1999 12 FEB	£135,000	£80,822	67% above HPI
1997 19 AUG	£122,500	£73,202	67% above HPI

8 AUGUSTINE WAY 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 five 8 AUGUSTINE WAY sales between August 1997 and June 2021 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 August 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 8 AUGUSTINE WAY be worth now?

8 AUGUSTINE WAY might now be worth an estimated £610,527.

This is based on house price inflation of 16.3%, between June 2021 and April 2026, 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 16.3% inflationary increase is applied to the most recent sale price for 8 AUGUSTINE WAY of £525,000 on 29th June 2021. For the value to have increased from £525,000 to £610,527 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 8 AUGUSTINE WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 8 AUGUSTINE WAY has not materially changed since June 2021.

How Large is 8 AUGUSTINE WAY?

8 AUGUSTINE WAY is 132m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of semi-detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicknacre, and where 8 AUGUSTINE WAY lies on this distribution: 62% of semi-detached houses houses are smaller than 8 AUGUSTINE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

8 AUGUSTINE WAY: Plot and Title Map

8 AUGUSTINE WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 8 AUGUSTINE 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 8 AUGUSTINE 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 8 AUGUSTINE WAY?

8 AUGUSTINE WAY is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 8 on AUGUSTINE WAY.