10, GREY LADYS, CHELMSFORD, CM2 8RB - £595,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 GREY LADYS is a small detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £592,312. It was last sold for £595,000 in November 2023, which was around 11% below the average November 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

10 GREY LADYS Sold Prices

Land registry data shows two sales for 10 GREY LADYS 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 10 GREY LADYS 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
2023 17 NOV	£595,000	£668,521	11% below HPI
2013 7 MAR	£440,000	£384,250	15% above HPI

10 GREY LADYS 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 10 GREY LADYS sales from March 2013 and November 2023 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 March 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 GREY LADYS be worth now?

10 GREY LADYS might now be worth an estimated £592,312.

This is based on house price deflation of 0.5%, between November 2023 and February 2025, 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 0.5% deflationary decrease is applied to the most recent sale price for 10 GREY LADYS of £595,000 on 17th November 2023. For the value to have decreased from £595,000 to £592,312 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 GREY LADYS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2023 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GREY LADYS has not materially changed since November 2023.

How Large is 10 GREY LADYS?

10 GREY LADYS is 119m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galleywood, and where 10 GREY LADYS lies on this distribution: 38% of detached houses houses are smaller than 10 GREY LADYS, and 61% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

10 GREY LADYS: Plot and Title Map

10 GREY LADYS sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 10 GREY LADYS, 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 GREY LADYS). 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 GREY LADYS?

10 GREY LADYS is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 10 on GREY LADYS.