120, MAIN ROAD, GREAT LEIGHS, CHELMSFORD, CM3 1NN - £510,000

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

120 MAIN ROAD is a large detached house of 147m², built sometime between 1983 and 1990. It was last sold for £510,000 in March 2021, which was around 16% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

120 MAIN ROAD Sold Prices

Land registry data shows three sales for 120 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 120 MAIN ROAD sales were for below the average price, whilst one was 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
2021 15 MAR	£510,000	£605,357	16% below HPI
2001 24 AUG	£235,000	£212,073	11% above HPI
1999 27 MAY	£135,000	£148,321	9% below HPI

120 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 three 120 MAIN ROAD sales between May 1999 and March 2021 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 August 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 120 MAIN ROAD be worth now?

120 MAIN ROAD might now be worth an estimated £562,567.

This is based on house price inflation of 10.3%, between March 2021 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 10.3% inflationary increase is applied to the most recent sale price for 120 MAIN ROAD of £510,000 on 15th March 2021. For the value to have increased from £510,000 to £562,567 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 120 MAIN ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2021 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 120 MAIN ROAD has not materially changed since March 2021.

How Large is 120 MAIN ROAD?

120 MAIN ROAD is 147m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 120 MAIN ROAD lies on this distribution: 65% of detached houses houses are smaller than 120 MAIN ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

120 MAIN ROAD: Plot and Title Map

120 MAIN ROAD sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 120 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 120 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 120 MAIN ROAD?

120 MAIN ROAD is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 120 on MAIN ROAD.