Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 USBORNE MEWS is a midsized extended detached house of 132m², built sometime from 2012 onwards. It was last sold for £590,000 in May 2024, which was around 10% below the average May 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 USBORNE MEWS since 1st 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 1 USBORNE MEWS 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 |
---|---|---|---|
2024 23 MAY | £590,000 | £658,565 | 10% below HPI |
2017 5 DEC | £542,500 | £565,791 | 4% below HPI |
2013 22 MAY | £430,000 | £384,464 | 12% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 1 USBORNE MEWS sales between May 2013 and May 2024 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 December 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
1 USBORNE MEWS is 132m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Writtle, based on EPC data. The below chart shows the distribution of detached houses by size in Writtle, and where 1 USBORNE MEWS lies on this distribution: 55% of detached houses are smaller than 1 USBORNE MEWS, and 45% of houses are larger. Note that EPC data is not available for all properties in Writtle.
1 USBORNE MEWS sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 1 USBORNE MEWS, 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 USBORNE MEWS). 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.
1 USBORNE MEWS is located in WRITTLE, in the CM1 postcode district. The below map shows the position of No. 1 on USBORNE MEWS.