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
107 ARBOUR LANE is a very large extended detached house of 180m², built sometime between 1930 and 1949. It was last sold for £625,000 in August 2020, which was around 7% above the average August 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 107 ARBOUR LANE 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. One of the three 107 ARBOUR LANE sales was for above the average price, whilst two 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 12 AUG | £625,000 | £585,467 | 7% above HPI |
2003 5 SEP | £215,000 | £302,214 | 29% below HPI |
2002 1 MAR | £165,000 | £225,472 | 27% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 107 ARBOUR LANE sales between March 2002 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 September 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
107 ARBOUR LANE is 180m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 107 ARBOUR LANE lies on this distribution: 86% of detached houses are smaller than 107 ARBOUR LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
107 ARBOUR LANE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 107 ARBOUR LANE, 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 107 ARBOUR LANE). 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.
107 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 107 on ARBOUR LANE.