10, ALDERBURY LEA, BICKNACRE, CHELMSFORD, CM3 4XQ - £290,000

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

10 ALDERBURY LEA is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £290,000 in August 2020, which was around 50% below the average August 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

10 ALDERBURY LEA Sold Prices

Land registry data shows six sales for 10 ALDERBURY LEA since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the six 10 ALDERBURY LEA 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
2020 10 AUG	£290,000	£585,467	50% below HPI
2015 1 MAY	£235,000	£454,285	48% below HPI
2006 10 FEB	£180,000	£326,796	45% below HPI
2001 15 JAN	£104,995	£193,601	46% below HPI
2000 18 APR	£91,000	£175,535	48% below HPI
1999 27 AUG	£79,000	£153,512	49% below HPI

10 ALDERBURY LEA 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 six 10 ALDERBURY LEA sales between August 1999 and August 2020 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 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 10 ALDERBURY LEA?

10 ALDERBURY LEA is 72m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 10 ALDERBURY LEA lies on this distribution: 4% of detached houses are smaller than 10 ALDERBURY LEA, and 96% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

10 ALDERBURY LEA: Plot and Title Map

10 ALDERBURY LEA sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 10 ALDERBURY LEA, 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 10 ALDERBURY LEA). 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 10 ALDERBURY LEA?

10 ALDERBURY LEA is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 10 on ALDERBURY LEA.