14, MILL LANE, DANBURY, CHELMSFORD, CM3 4LF - £950,000

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

14 MILL LANE is a large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £950,000 in September 2021, which was around 56% above the average September 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

14 MILL LANE Sold Prices

Land registry data shows four sales for 14 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. two of the four 14 MILL LANE sales were for above the average price, and four 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
2021 24 SEP	£950,000	£608,459	56% above HPI
2019 23 APR	£510,000	£589,872	14% below HPI
2019 28 FEB	£500,000	£574,849	13% below HPI
1995 30 MAR	£107,000	£106,313	1% above HPI

14 MILL LANE 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 four 14 MILL LANE sales between March 1995 and September 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 April 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 14 MILL LANE?

14 MILL LANE is 184m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 14 MILL LANE lies on this distribution: 75% of detached houses are smaller than 14 MILL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Danbury.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 14 MILL 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 14 MILL 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.

Where is 14 MILL LANE?

14 MILL LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 14 on MILL LANE.