10, HOMELANDS GROVE, RAMSDEN HEATH, BILLERICAY, CM11 1NJ - £420,000

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

10 HOMELANDS GROVE is a small detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £693,908. It was last sold for £420,000 in December 2013, which was around 4% above the average December 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

10 HOMELANDS GROVE Sold Prices

Land registry data shows three sales for 10 HOMELANDS GROVE since 1^st 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. All of the three 10 HOMELANDS GROVE sales were 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
2013 20 DEC	£420,000	£404,169	4% above HPI
2006 1 SEP	£365,000	£348,437	5% above HPI
2003 11 FEB	£325,000	£287,800	13% above HPI

10 HOMELANDS GROVE 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 three 10 HOMELANDS GROVE sales between February 2003 and December 2013 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2013 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 10 HOMELANDS GROVE be worth now?

10 HOMELANDS GROVE might now be worth an estimated £693,908.

This is based on house price inflation of 65.2%, between December 2013 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 65.2% inflationary increase is applied to the most recent sale price for 10 HOMELANDS GROVE of £420,000 on 20th December 2013. For the value to have increased from £420,000 to £693,908 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 10 HOMELANDS GROVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2013 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HOMELANDS GROVE has not materially changed since December 2013.

How Large is 10 HOMELANDS GROVE?

10 HOMELANDS GROVE is 124m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsden Heath, and where 10 HOMELANDS GROVE lies on this distribution: 32% of detached houses houses are smaller than 10 HOMELANDS GROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

10 HOMELANDS GROVE: Plot and Title Map

10 HOMELANDS GROVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 10 HOMELANDS GROVE, 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 HOMELANDS GROVE). 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 HOMELANDS GROVE?

10 HOMELANDS GROVE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 10 on HOMELANDS GROVE.