8, GREEN MEADOWS, DANBURY, CHELMSFORD, CM3 4LD - £467,500

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 GREEN MEADOWS is a very small semi-detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £561,154. It was last sold for £467,500 in May 2020, which was around 31% above the average May 2020 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was F, and the potential energy rating was D.

8 GREEN MEADOWS Sold Prices

Land registry data shows two sales for 8 GREEN MEADOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 8 GREEN MEADOWS 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 15 MAY	£467,500	£356,839	31% above HPI
1999 29 APR	£170,000	£83,944	103% above HPI

8 GREEN MEADOWS 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 two 8 GREEN MEADOWS sales from April 1999 and May 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 April 1999 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the May 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 8 GREEN MEADOWS be worth now?

8 GREEN MEADOWS might now be worth an estimated £561,154.

This is based on house price inflation of 20%, between May 2020 and May 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 20% inflationary increase is applied to the most recent sale price for 8 GREEN MEADOWS of £467,500 on 15th May 2020. For the value to have increased from £467,500 to £561,154 over the six years to May 2026, the following assumptions must hold true:

• The value of 8 GREEN MEADOWS has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The May 2020 sale price of £467,500 represented a fair market value for the property.
• The size, condition, and specification of 8 GREEN MEADOWS has not materially changed since May 2020.

How Large is 8 GREEN MEADOWS?

8 GREEN MEADOWS is 82m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Danbury, and where 8 GREEN MEADOWS lies on this distribution: 3% of semi-detached houses houses are smaller than 8 GREEN MEADOWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Danbury.

8 GREEN MEADOWS: Plot and Title Map

8 GREEN MEADOWS sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 8 GREEN MEADOWS, 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 GREEN MEADOWS). 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 GREEN MEADOWS?

8 GREEN MEADOWS is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 8 on GREEN MEADOWS.