38 Darnay Rise, Chelmsford, CM1 4XA is a leasehold flat built between 1983-1990. The property offers approximately 301 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £127,966 , which equates to approximately £425 per square foot. It was last sold on 13 Sep 2013 for £79,995. Since then, the value has increased by £47,971, representing a 60.0% increase, or approximately 4.9% per year.

The current estimated value of £127,966 is:

  • 52.3% lower than the average property price on Darnay Rise
  • 48.6% lower than the average in the CM1 4XA postcode area
  • and 70.6% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 October 2022, the property was recorded as owner-occupied.

View sold house prices in CM1 4XA

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
301 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£127,966
Price Per sq ft (estimate)
£425
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Darnay Rise, Chelmsford, Essex, CM1 4XA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Oct 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Aug 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 19.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CM1 4XA

46 th / 49
Price Rank
49% lower than average
30 th / 43
Size Rank
45% smaller than average
35 th / 43
Price Per Sq FT Rank
7% lower than average

Compared to other properties in CM1 4XA , this flat's estimated value ranks 46th out of 49. Based on price per square foot, it ranks 35th out of 43 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 30th out of 43 properties in its postcode area.

Sale History

Today
£127,966
streetscan.co.uk estimate
+60 %
13 Sep 2013
£79,995
Leasehold
+162.3 %
28 May 1999
£30,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 291 sq ft
sale price: £115,000
sale date: 8 Dec 2023
rooms: 1
size: 280 sq ft
sale price: £110,000
sale date: 19 May 2023
rooms: 1
size: 291 sq ft
sale price: £107,000
sale date: 14 Jun 2022
rooms: 1
size: 334 sq ft
sale price: £120,000
sale date: 1 Nov 2021
rooms: 1
size: 280 sq ft
sale price: £120,000
sale date: 10 Jun 2021

Data Sources

The property at 38 Darnay Rise, Chelmsford, CM1 4XA appears two times in the Land Registry records, with the latest transaction recorded on 13 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Oct 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.