4, MURRELL LOCK, CHELMSFORD, CM2 6SW - £510,000

4 MURRELL LOCK is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £510,000 in March 2023, which was around 24% below the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

4 MURRELL LOCK Sold Prices

Land registry data shows three sales for 4 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. Two of the three 4 MURRELL LOCK sales were for below the average price, whilst one was 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
2023 30 MAR	£510,000	£670,093	24% below HPI
2006 10 MAR	£270,000	£331,825	19% below HPI
1996 15 NOV	£112,000	£110,888	1% above HPI

4 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 4 MURRELL LOCK sales between November 1996 and March 2023 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 March 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 MURRELL LOCK?

4 MURRELL LOCK is 117m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 4 MURRELL LOCK lies on this distribution: 47% of detached houses are smaller than 4 MURRELL LOCK, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 MURRELL LOCK: Plot and Title Map

4 MURRELL LOCK sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 4 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 4 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 4 MURRELL LOCK?

4 MURRELL LOCK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 4 on MURRELL LOCK.