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
128 ARBOUR LANE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £296,500 in July 2010, which was around 20% below the average July 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 128 ARBOUR LANE since 1st 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 128 ARBOUR 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 29 JUL | £296,500 | £372,211 | 20% below HPI |
1998 24 APR | £115,000 | £136,361 | 16% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 128 ARBOUR LANE sales from April 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 April 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2010 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
128 ARBOUR LANE is 83m² according to the EPC inspection conducted in April 2010. 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 128 ARBOUR LANE lies on this distribution: 13% of detached houses are smaller than 128 ARBOUR LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
128 ARBOUR LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 128 ARBOUR 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 128 ARBOUR 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.
128 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 128 on ARBOUR LANE.