8, TRINITY ROAD, CHELMSFORD, CM2 6HR - £275,000

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.

8 TRINITY ROAD is a very large flat of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £298,314. It was last sold for £275,000 in March 2017, which was around 41% above the average March 2017 flat price in the Chelmsford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

8 TRINITY ROAD Sold Prices

Land registry data shows two sales for 8 TRINITY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Both of the two 8 TRINITY ROAD 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
2017 10 MAR	£275,000	£194,759	41% above HPI
2006 25 OCT	£164,000	£137,939	19% above HPI

What might 8 TRINITY ROAD be worth now?

8 TRINITY ROAD might now be worth an estimated £298,314.

This is based on house price inflation of 8.5%, between March 2017 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 8.5% inflationary increase is applied to the most recent sale price for 8 TRINITY ROAD of £275,000 on 10th March 2017. For the value to have increased from £275,000 to £298,314 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 TRINITY ROAD has moved in line with the HPI for flats in the Chelmsford local authority area.
• The March 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TRINITY ROAD has not materially changed since March 2017.

How Large is 8 TRINITY ROAD?

8 TRINITY ROAD is 71m² according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of flats in Chelmsford, based on EPC data. 83% of flats are smaller than 8 TRINITY ROAD, and 15% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

8 TRINITY ROAD: Plot

8 TRINITY ROAD sits on a plot of roughly 0.048 of an acre, or 193m².

Where is 8 TRINITY ROAD?

8 TRINITY ROAD is located in CHELMSFORD, in the CM2 postcode district.