1, HOME MEAD, WRITTLE, CHELMSFORD, CM1 3LH - £470,000

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 HOME MEAD is a large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £526,442. It was last sold for £470,000 in April 2019, which was around 21% below the average April 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

1 HOME MEAD Sold Prices

Land registry data shows two sales for 1 HOME MEAD 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 1 HOME 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
2019 16 APR	£470,000	£596,161	21% below HPI
2007 17 MAY	£330,000	£374,325	12% below HPI

1 HOME 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 two 1 HOME MEAD sales from May 2007 and April 2019 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 May 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 HOME MEAD be worth now?

1 HOME MEAD might now be worth an estimated £526,442.

This is based on house price inflation of 12%, between April 2019 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 12% inflationary increase is applied to the most recent sale price for 1 HOME MEAD of £470,000 on 16th April 2019. For the value to have increased from £470,000 to £526,442 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 1 HOME MEAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOME MEAD has not materially changed since April 2019.

How Large is 1 HOME MEAD?

1 HOME MEAD is 148m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Writtle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Writtle, and where 1 HOME MEAD lies on this distribution: 67% of detached houses houses are smaller than 1 HOME MEAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Writtle.

1 HOME MEAD: Plot and Title Map

1 HOME MEAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 1 HOME 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 1 HOME 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 1 HOME MEAD?

1 HOME MEAD is located in WRITTLE, in the CM1 postcode district. The below map shows the position of No. 1 on HOME MEAD.