12, BEEHIVE LANE, CHELMSFORD, CM2 9SX - £525,000

12 BEEHIVE LANE is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £525,000 in December 2020, which was around 11% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

12 BEEHIVE LANE Sold Prices

Land registry data shows five sales for 12 BEEHIVE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 12 BEEHIVE LANE 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
2020 4 DEC	£525,000	£589,917	11% below HPI
2012 27 APR	£249,999	£370,284	32% below HPI
2003 4 JUL	£198,450	£298,436	34% below HPI
2002 26 JUL	£180,000	£252,584	29% below HPI
1999 17 SEP	£87,000	£156,881	45% below HPI

12 BEEHIVE LANE 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 five 12 BEEHIVE LANE sales between September 1999 and December 2020 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 April 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 BEEHIVE LANE?

12 BEEHIVE LANE is 99m², which includes two extensions, according to the EPC inspection conducted in October 2015. 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 12 BEEHIVE LANE lies on this distribution: 28% of detached houses are smaller than 12 BEEHIVE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 BEEHIVE LANE: Plot and Title Map

12 BEEHIVE LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 12 BEEHIVE LANE, 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 12 BEEHIVE LANE). 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 12 BEEHIVE LANE?

12 BEEHIVE LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on BEEHIVE LANE.