117, MAIN ROAD, GREAT LEIGHS, CHELMSFORD, CM3 1NN - £405,000

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

117 MAIN ROAD is a small detached house of 106m², built sometime from 2007 onwards. It was last sold for £405,000 in October 2019, which was around 32% below the average October 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

117 MAIN ROAD Sold Prices

Land registry data shows two sales for 117 MAIN ROAD 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 117 MAIN ROAD 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
2019 25 OCT	£405,000	£593,870	32% below HPI
2016 31 MAR	£405,000	£524,026	23% below HPI

117 MAIN ROAD 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 117 MAIN ROAD sales from March 2016 and October 2019 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 117 MAIN ROAD be worth now?

117 MAIN ROAD might now be worth an estimated £455,386.

This is based on house price inflation of 12.4%, between October 2019 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 12.4% inflationary increase is applied to the most recent sale price for 117 MAIN ROAD of £405,000 on 25th October 2019. For the value to have increased from £405,000 to £455,386 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 117 MAIN ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2019 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 117 MAIN ROAD has not materially changed since October 2019.

How Large is 117 MAIN ROAD?

117 MAIN ROAD is 106m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Leighs, and where 117 MAIN ROAD lies on this distribution: 30% of detached houses houses are smaller than 117 MAIN ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

117 MAIN ROAD: Plot and Title Map

117 MAIN ROAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 117 MAIN ROAD, 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 117 MAIN ROAD). 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 117 MAIN ROAD?

117 MAIN ROAD is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 117 on MAIN ROAD.