BRAESIDE, PRIVATE ROAD, CHELMSFORD, CM2 8TH - £790,000

BRAESIDE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £790,000 in February 2022, which was around 21% above the average February 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

BRAESIDE Sold Prices

Land registry data shows three sales for BRAESIDE 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 BRAESIDE 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
2022 21 FEB	£790,000	£651,487	21% above HPI
2007 8 NOV	£495,000	£387,875	28% above HPI
1999 12 AUG	£330,000	£153,512	115% above HPI

BRAESIDE 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 BRAESIDE sales between August 1999 and February 2022 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is BRAESIDE?

BRAESIDE is 96m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where BRAESIDE lies on this distribution: 24% of detached houses are smaller than BRAESIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

BRAESIDE: Plot and Title Map

BRAESIDE sits on a plot of roughly 0.265 of an acre, or 1,073m². The below map shows the location of BRAESIDE, 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 BRAESIDE). 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 BRAESIDE?

BRAESIDE is located on PRIVATE ROAD in CHELMSFORD, in the CM2 postcode district. The below map shows the position of BRAESIDE on PRIVATE ROAD.