87, PINES ROAD, CHELMSFORD, CM1 2EZ - £235,000

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.

87 PINES ROAD is a very small terraced house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £319,470. It was last sold for £235,000 in March 2016, which was around 7% below the average March 2016 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

87 PINES ROAD Sold Prices

Land registry data shows five sales for 87 PINES ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Most of the five 87 PINES ROAD 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
2016 4 MAR	£235,000	£253,329	7% below HPI
2007 14 NOV	£162,000	£196,227	17% below HPI
2004 26 APR	£139,000	£149,590	7% below HPI
2001 20 DEC	£106,995	£98,144	9% above HPI
1997 30 APR	£56,500	£52,861	7% above HPI

87 PINES ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The five 87 PINES ROAD sales between April 1997 and March 2016 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 November 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 87 PINES ROAD be worth now?

87 PINES ROAD might now be worth an estimated £319,470.

This is based on house price inflation of 35.9%, between March 2016 and June 2025, for terraced 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 35.9% inflationary increase is applied to the most recent sale price for 87 PINES ROAD of £235,000 on 4th March 2016. For the value to have increased from £235,000 to £319,470 over the eight years and nine months to June 2025, the following assumptions must hold true:

• The value of 87 PINES ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 87 PINES ROAD has not materially changed since March 2016.

How Large is 87 PINES ROAD?

87 PINES ROAD is 60m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 87 PINES ROAD lies on this distribution: 2% of terraced houses houses are smaller than 87 PINES ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

87 PINES ROAD: Plot and Title Map

87 PINES ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 87 PINES 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 87 PINES 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 87 PINES ROAD?

87 PINES ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 87 on PINES ROAD.