13, MURRELL LOCK, CHELMSFORD, CM2 6SW - £527,000

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.

13 MURRELL LOCK is a small extended detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £504,044. It was last sold for £527,000 in August 2022, which was around 24% below the average August 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

13 MURRELL LOCK Sold Prices

Land registry data shows three sales for 13 MURRELL LOCK 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. All of the three 13 MURRELL LOCK 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
2022 19 AUG	£527,000	£695,811	24% below HPI
2001 9 MAY	£159,995	£201,013	20% below HPI
1998 19 FEB	£99,950	£135,148	26% below HPI

13 MURRELL LOCK 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 13 MURRELL LOCK sales between February 1998 and August 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 May 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 13 MURRELL LOCK be worth now?

13 MURRELL LOCK might now be worth an estimated £504,044.

This is based on house price deflation of 4.4%, between August 2022 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 4.4% deflationary decrease is applied to the most recent sale price for 13 MURRELL LOCK of £527,000 on 19th August 2022. For the value to have decreased from £527,000 to £504,044 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 13 MURRELL LOCK has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2022 sale price of £527,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MURRELL LOCK has not materially changed since August 2022.

How Large is 13 MURRELL LOCK?

13 MURRELL LOCK is 98m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 13 MURRELL LOCK lies on this distribution: 27% of detached houses houses are smaller than 13 MURRELL LOCK, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

13 MURRELL LOCK: Plot and Title Map

13 MURRELL LOCK sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 13 MURRELL LOCK, 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 13 MURRELL LOCK). 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 13 MURRELL LOCK?

13 MURRELL LOCK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 13 on MURRELL LOCK.