2, FIVE ACRES, DANBURY, CHELMSFORD, CM3 4NB - £415,000

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.

2 FIVE ACRES is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £497,741. It was last sold for £415,000 in August 2017, which was around 28% below the average August 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

2 FIVE ACRES Sold Prices

Land registry data shows one sale for 2 FIVE ACRES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 1 AUG	£415,000	£574,506	28% below HPI

What might 2 FIVE ACRES be worth now?

2 FIVE ACRES might now be worth an estimated £497,741.

This is based on house price inflation of 19.9%, between August 2017 and May 2026, for 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 19.9% inflationary increase is applied to the most recent sale price for 2 FIVE ACRES of £415,000 on 1st August 2017. For the value to have increased from £415,000 to £497,741 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 2 FIVE ACRES has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2017 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FIVE ACRES has not materially changed since August 2017.

How Large is 2 FIVE ACRES?

2 FIVE ACRES is 103m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 2 FIVE ACRES lies on this distribution: 34% of detached houses are smaller than 2 FIVE ACRES, and 65% of detached houses are larger. Note that EPC data is not available for all properties in Bicknacre.

2 FIVE ACRES: Plot

2 FIVE ACRES sits on a plot of roughly 0.097 of an acre, or 393m².

Where is 2 FIVE ACRES?

2 FIVE ACRES is located in DANBURY, in the CM3 postcode district.