23, MURRELL LOCK, CHELMSFORD, CM2 6SW - £250,000

23 MURRELL LOCK is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £250,000 in April 2014, which was around 40% below the average April 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

23 MURRELL LOCK Sold Prices

Land registry data shows three sales for 23 MURRELL LOCK 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 23 MURRELL LOCK 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
2014 1 APR	£250,000	£416,517	40% below HPI
2006 11 APR	£222,000	£334,679	34% below HPI
1999 3 DEC	£101,000	£167,082	40% below HPI

23 MURRELL LOCK 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 23 MURRELL LOCK sales between December 1999 and April 2014 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 23 MURRELL LOCK?

23 MURRELL LOCK is 80m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 23 MURRELL LOCK lies on this distribution: 10% of detached houses are smaller than 23 MURRELL LOCK, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

23 MURRELL LOCK: Plot and Title Map

23 MURRELL LOCK sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 23 MURRELL LOCK, 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 23 MURRELL LOCK). 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 23 MURRELL LOCK?

23 MURRELL LOCK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 23 on MURRELL LOCK.