15, MURRELL LOCK, CHELMSFORD, CM2 6SW - £480,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 MURRELL LOCK is a small semi-detached house of 100m², built sometime between 1976 and 1982. It was last sold for £480,000 in December 2022, which was around 30% below the average December 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

15 MURRELL LOCK Sold Prices

Land registry data shows two sales for 15 MURRELL LOCK since 1^st 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 15 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 5 DEC	£480,000	£685,542	30% below HPI
2007 30 OCT	£318,000	£386,390	18% below HPI

15 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 two 15 MURRELL LOCK sales from October 2007 and December 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 October 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 MURRELL LOCK?

15 MURRELL LOCK is 100m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 15 MURRELL LOCK lies on this distribution: 29% of detached houses are smaller than 15 MURRELL LOCK, and 70% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 MURRELL LOCK: Plot and Title Map

15 MURRELL LOCK sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 15 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 15 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 15 MURRELL LOCK?

15 MURRELL LOCK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 15 on MURRELL LOCK.