8, BURNHAM ROAD, CHELMSFORD, CM1 6LZ - £314,500

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 BURNHAM ROAD is a very small semi-detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £470,509. It was last sold for £314,500 in August 2015, which was around 9% above the average August 2015 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 BURNHAM ROAD Sold Prices

Land registry data shows three sales for 8 BURNHAM ROAD 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. Two of the three 8 BURNHAM ROAD sales were for above the average price, whilst one was 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
2015 27 AUG	£314,500	£288,192	9% above HPI
2006 17 AUG	£240,000	£212,188	13% above HPI
2005 8 AUG	£180,000	£204,237	12% below HPI

8 BURNHAM ROAD 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 8 BURNHAM ROAD sales between August 2005 and August 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 August 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 8 BURNHAM ROAD be worth now?

8 BURNHAM ROAD might now be worth an estimated £470,509.

This is based on house price inflation of 49.6%, between August 2015 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 49.6% inflationary increase is applied to the most recent sale price for 8 BURNHAM ROAD of £314,500 on 27th August 2015. For the value to have increased from £314,500 to £470,509 over the ten years to August 2025, the following assumptions must hold true:

• The value of 8 BURNHAM ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2015 sale price of £314,500 represented a fair market value for the property.
• The size, condition, and specification of 8 BURNHAM ROAD has not materially changed since August 2015.

How Large is 8 BURNHAM ROAD?

8 BURNHAM ROAD is 58m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 8 BURNHAM ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 8 BURNHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 BURNHAM ROAD: Plot and Title Map

8 BURNHAM ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 8 BURNHAM ROAD, 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 BURNHAM ROAD). 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 BURNHAM ROAD?

8 BURNHAM ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 8 on BURNHAM ROAD.