12, MONKS MEAD, BICKNACRE, CHELMSFORD, CM3 4EU - £340,000

12 MONKS MEAD is a large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £340,000 in October 2011, which was around 7% below the average October 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

12 MONKS MEAD Sold Prices

Land registry data shows three sales for 12 MONKS MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 12 MONKS MEAD 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
2011 27 OCT	£340,000	£366,449	7% below HPI
2007 4 APR	£301,000	£363,680	17% below HPI
1997 13 JUN	£105,000	£120,692	13% below HPI

12 MONKS MEAD 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 three 12 MONKS MEAD sales between June 1997 and October 2011 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 MONKS MEAD?

12 MONKS MEAD is 138m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 12 MONKS MEAD lies on this distribution: 71% of detached houses are smaller than 12 MONKS MEAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

12 MONKS MEAD: Plot and Title Map

12 MONKS MEAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 12 MONKS MEAD, 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 MONKS MEAD). 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 MONKS MEAD?

12 MONKS MEAD is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 12 on MONKS MEAD.