Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
144 SWAN LANE is a midsized extended detached house of 136m², built sometime between 1900 and 1929. It was last sold for £620,000 in February 2023, which was around 8% below the average February 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 144 SWAN LANE since 1st 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. Most of the four 144 SWAN 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 |
---|---|---|---|
2023 15 FEB | £620,000 | £677,095 | 8% below HPI |
2018 3 OCT | £570,000 | £575,460 | 1% below HPI |
2007 15 JUN | £375,000 | £378,055 | 1% below HPI |
1998 19 JUN | £150,000 | £137,353 | 9% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 144 SWAN LANE sales between June 1998 and February 2023 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 October 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
144 SWAN LANE is 136m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses by size in Runwell, and where 144 SWAN LANE lies on this distribution: 57% of detached houses are smaller than 144 SWAN LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Runwell.
144 SWAN LANE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 144 SWAN 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 144 SWAN 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.
144 SWAN LANE is located in RUNWELL, in the SS11 postcode district. The below map shows the position of No. 144 on SWAN LANE.