139, MAIN ROAD, GREAT LEIGHS, CHELMSFORD, CM3 1NP - £422,500

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

139 MAIN ROAD is a very small detached house of 92m², built in 2021. It was last sold for £422,500 in August 2024, which was around 36% below the average August 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

139 MAIN ROAD Sold Prices

Land registry data shows three sales for 139 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. All of the three 139 MAIN ROAD 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
2024 7 AUG	£422,500	£662,941	36% below HPI
2021 24 SEP	£415,000	£614,946	33% below HPI
2021 27 JAN	£150,000	£605,538	75% below HPI

139 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 139 MAIN ROAD sales between January 2021 and August 2024 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 September 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 139 MAIN ROAD be worth now?

139 MAIN ROAD might now be worth an estimated £425,567.

This is based on house price inflation of 0.7%, between August 2024 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 0.7% inflationary increase is applied to the most recent sale price for 139 MAIN ROAD of £422,500 on 7th August 2024. For the value to have increased from £422,500 to £425,567 over the eight months to December 2024, the following assumptions must hold true:

• The value of 139 MAIN ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2024 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 139 MAIN ROAD has not materially changed since August 2024.

How Large is 139 MAIN ROAD?

139 MAIN ROAD is 92m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 139 MAIN ROAD lies on this distribution: 16% of detached houses houses are smaller than 139 MAIN ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

139 MAIN ROAD: Plot and Title Map

139 MAIN ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 139 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 139 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 139 MAIN ROAD?

139 MAIN ROAD is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 139 on MAIN ROAD.