1, GLOVERS, GREAT LEIGHS, CHELMSFORD, CM3 1PY - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GLOVERS is a very large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £625,000 in February 2022, which was around 5% below the average February 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

1 GLOVERS Sold Prices

Land registry data shows two sales for 1 GLOVERS 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. One of the two 1 GLOVERS sales was for below the average price, whilst the other 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
2022 22 FEB	£625,000	£657,883	5% below HPI
2006 14 SEP	£380,000	£348,437	9% above HPI

1 GLOVERS 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 1 GLOVERS sales from September 2006 and February 2022 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 September 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 GLOVERS be worth now?

1 GLOVERS might now be worth an estimated £634,377.

This is based on house price inflation of 1.5%, between February 2022 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 1 GLOVERS of £625,000 on 22nd February 2022. For the value to have increased from £625,000 to £634,377 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 1 GLOVERS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLOVERS has not materially changed since February 2022.

How Large is 1 GLOVERS?

1 GLOVERS is 172m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Leighs, and where 1 GLOVERS lies on this distribution: 82% of detached houses houses are smaller than 1 GLOVERS, and 17% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

1 GLOVERS: Plot and Title Map

1 GLOVERS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 GLOVERS, 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 1 GLOVERS). 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 1 GLOVERS?

1 GLOVERS is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 1 on GLOVERS.