2A, MEADOWSIDE, CHELMSFORD, CM2 6LN - £120,000

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.

2A MEADOWSIDE is a very small flat of 31m², built sometime between 1930 and 1949, which could now be worth an estimated £116,457. It was last sold for £120,000 in February 2023, which was around 45% below the average February 2023 flat price in the Chelmsford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

2A MEADOWSIDE Sold Prices

Land registry data shows three sales for 2A MEADOWSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. All of the three 2A MEADOWSIDE 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
2023 16 FEB	£120,000	£217,698	45% below HPI
2002 23 DEC	£78,500	£103,902	24% below HPI
2000 20 APR	£40,000	£61,886	35% below HPI

What might 2A MEADOWSIDE be worth now?

2A MEADOWSIDE might now be worth an estimated £116,457.

This is based on house price deflation of 3%, between February 2023 and May 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 2A MEADOWSIDE of £120,000 on 16th February 2023. For the value to have decreased from £120,000 to £116,457 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 2A MEADOWSIDE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2023 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2A MEADOWSIDE has not materially changed since February 2023.

How Large is 2A MEADOWSIDE?

2A MEADOWSIDE is 31m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of flats in Chelmsford, based on EPC data. 2% of flats are smaller than 2A MEADOWSIDE, and 97% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

2A MEADOWSIDE: Plot

2A MEADOWSIDE sits on a plot of roughly 0.014 of an acre, or 55m².

Where is 2A MEADOWSIDE?

2A MEADOWSIDE is located in CHELMSFORD, in the CM2 postcode district.