12, THE LEYS, CHELMSFORD, CM2 6AU - £700,000

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 THE LEYS is a very large extended detached house of 177m², built sometime between 2003 and 2006. It was last sold for £700,000 in November 2022, which was around 2% above the average November 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

12 THE LEYS Sold Prices

Land registry data shows two sales for 12 THE LEYS 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 THE LEYS sales were for above 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
2022 28 NOV	£700,000	£688,575	2% above HPI
2004 22 JUL	£405,000	£319,375	27% above HPI

12 THE LEYS 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 THE LEYS sales from July 2004 and November 2022 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 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 12 THE LEYS?

12 THE LEYS is 177m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 THE LEYS lies on this distribution: 85% of detached houses are smaller than 12 THE LEYS, and 14% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 THE LEYS: Plot and Title Map

12 THE LEYS sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 12 THE LEYS, 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 THE LEYS). 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 THE LEYS?

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