81, RECTORY LANE, CHELMSFORD, CM1 1RF - £275,000

81 RECTORY LANE is a small detached house of 93m², built sometime before 1900. It was last sold for £275,000 in May 2004, which was around 11% below the average May 2004 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

81 RECTORY LANE Sold Prices

Land registry data shows two sales for 81 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 81 RECTORY 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
2004 28 MAY	£275,000	£309,762	11% below HPI
2003 4 NOV	£186,000	£304,652	39% below HPI

81 RECTORY 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 two 81 RECTORY LANE sales from November 2003 and May 2004 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 November 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2004 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 81 RECTORY LANE?

81 RECTORY LANE is 93m² according to the EPC inspection conducted in February 2023. 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 81 RECTORY LANE lies on this distribution: 22% of detached houses are smaller than 81 RECTORY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

81 RECTORY LANE: Plot and Title Map

81 RECTORY LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 81 RECTORY 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 81 RECTORY 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 81 RECTORY LANE?

81 RECTORY LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 81 on RECTORY LANE.