12, LADY LANE, CHELMSFORD, CM2 0TG - £287,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 LADY LANE is a very small detached house of 85m², built sometime between 1900 and 1929. It was last sold for £287,000 in July 2010, which was around 23% below the average July 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was E.

12 LADY LANE Sold Prices

Land registry data shows two sales for 12 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 12 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
2010 9 JUL	£287,000	£372,211	23% below HPI
1998 24 JUL	£103,000	£136,721	25% below HPI

12 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 12 LADY LANE sales from July 1998 and July 2010 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 July 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2010 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 LADY LANE?

12 LADY LANE is 85m² according to the EPC inspection conducted in June 2009. 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 12 LADY LANE lies on this distribution: 15% of detached houses are smaller than 12 LADY LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 LADY LANE: Plot and Title Map

12 LADY LANE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 12 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 12 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 12 LADY LANE?

12 LADY LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on LADY LANE.