114, LADY LANE, CHELMSFORD, CM2 0TJ - £475,000

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.

114 LADY LANE is a large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £579,488. It was last sold for £475,000 in October 2016, which was around 13% below the average October 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was A, and the potential energy rating was A.

114 LADY LANE Sold Prices

Land registry data shows two sales for 114 LADY LANE 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. Both of the two 114 LADY LANE 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
2016 14 OCT	£475,000	£545,504	13% below HPI
2003 6 MAR	£248,500	£291,737	15% below HPI

114 LADY LANE 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 114 LADY LANE sales from March 2003 and October 2016 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 114 LADY LANE be worth now?

114 LADY LANE might now be worth an estimated £579,488.

This is based on house price inflation of 22%, between October 2016 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 22% inflationary increase is applied to the most recent sale price for 114 LADY LANE of £475,000 on 14th October 2016. For the value to have increased from £475,000 to £579,488 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 114 LADY LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 114 LADY LANE has not materially changed since October 2016.

How Large is 114 LADY LANE?

114 LADY LANE is 157m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 114 LADY LANE lies on this distribution: 76% of detached houses houses are smaller than 114 LADY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

114 LADY LANE: Plot and Title Map

114 LADY LANE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 114 LADY 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 114 LADY 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.

Where is 114 LADY LANE?

114 LADY LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 114 on LADY LANE.