10, MURRELL LOCK, CHELMSFORD, CM2 6SW - £308,000

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 MURRELL LOCK is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £308,000 in April 2015, which was around 32% below the average April 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

10 MURRELL LOCK Sold Prices

Land registry data shows three sales for 10 MURRELL LOCK 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 MURRELL LOCK 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
2015 22 APR	£308,000	£454,265	32% below HPI
2006 31 AUG	£235,000	£342,418	31% below HPI
1999 9 APR	£86,000	£145,092	41% below HPI

10 MURRELL LOCK 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 MURRELL LOCK sales between April 1999 and April 2015 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 August 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 10 MURRELL LOCK?

10 MURRELL LOCK is 80m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 10 MURRELL LOCK lies on this distribution: 10% of detached houses are smaller than 10 MURRELL LOCK, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

10 MURRELL LOCK: Plot and Title Map

10 MURRELL LOCK sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 10 MURRELL LOCK, 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 MURRELL LOCK). 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 MURRELL LOCK?

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