12, LYON CLOSE, CHELMSFORD, CM2 8NY - £582,000

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

12 LYON CLOSE is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £582,000 in December 2020, which was around 1% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 LYON CLOSE Sold Prices

Land registry data shows two sales for 12 LYON CLOSE 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 LYON CLOSE 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
2020 21 DEC	£582,000	£589,917	1% below HPI
2006 22 SEP	£305,000	£344,761	12% below HPI

12 LYON CLOSE 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 LYON CLOSE sales from September 2006 and December 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 12 LYON CLOSE?

12 LYON CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 12 LYON CLOSE lies on this distribution: 77% of detached houses are smaller than 12 LYON CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

12 LYON CLOSE: Plot and Title Map

12 LYON CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 12 LYON CLOSE, 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 LYON CLOSE). 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 LYON CLOSE?

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