16, HOLLIS LOCK, CHELMSFORD, CM2 6RR - £392,500

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

16 HOLLIS LOCK is a very small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £392,500 in March 2021, which was around 34% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

16 HOLLIS LOCK Sold Prices

Land registry data shows two sales for 16 HOLLIS 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 16 HOLLIS 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
2021 3 MAR	£392,500	£598,971	34% below HPI
2014 22 AUG	£315,000	£435,105	28% below HPI

16 HOLLIS 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 16 HOLLIS LOCK sales from August 2014 and March 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 August 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 16 HOLLIS LOCK?

16 HOLLIS LOCK is 90m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 16 HOLLIS LOCK lies on this distribution: 19% of detached houses are smaller than 16 HOLLIS LOCK, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 HOLLIS LOCK: Plot and Title Map

16 HOLLIS LOCK sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 16 HOLLIS 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 16 HOLLIS 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 16 HOLLIS LOCK?

16 HOLLIS LOCK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 16 on HOLLIS LOCK.