12, SKINNERS LANE, CHELMSFORD, CM2 8RH - £449,950

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.

12 SKINNERS LANE is a very large extended detached house of 163m², built sometime between 1950 and 1966, which could now be worth an estimated £652,931. It was last sold for £449,950 in February 2015, which was around 2% below the average February 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

12 SKINNERS LANE Sold Prices

Land registry data shows two sales for 12 SKINNERS 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 SKINNERS 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
2015 2 FEB	£449,950	£458,612	2% below HPI
2007 10 JAN	£284,995	£357,516	20% below HPI

12 SKINNERS 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 SKINNERS LANE sales from January 2007 and February 2015 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 January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 SKINNERS LANE be worth now?

12 SKINNERS LANE might now be worth an estimated £652,931.

This is based on house price inflation of 45.1%, between February 2015 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 45.1% inflationary increase is applied to the most recent sale price for 12 SKINNERS LANE of £449,950 on 2nd February 2015. For the value to have increased from £449,950 to £652,931 over the ten years to February 2025, the following assumptions must hold true:

• The value of 12 SKINNERS LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2015 sale price of £449,950 represented a fair market value for the property.
• The size, condition, and specification of 12 SKINNERS LANE has not materially changed since February 2015.

How Large is 12 SKINNERS LANE?

12 SKINNERS LANE is 163m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galleywood, and where 12 SKINNERS LANE lies on this distribution: 86% of detached houses houses are smaller than 12 SKINNERS LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

12 SKINNERS LANE: Plot and Title Map

12 SKINNERS LANE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 12 SKINNERS 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 SKINNERS 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 SKINNERS LANE?

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