16, HOMELANDS GROVE, RAMSDEN HEATH, BILLERICAY, CM11 1NJ - £734,000

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 HOMELANDS GROVE is a large detached house of 164m², built sometime between 1983 and 1990. It was last sold for £734,000 in January 2021, which was around 23% above the average January 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

16 HOMELANDS GROVE Sold Prices

Land registry data shows four sales for 16 HOMELANDS GROVE 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. All of the four 16 HOMELANDS GROVE sales were for above 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 22 JAN	£734,000	£599,150	23% above HPI
2011 31 OCT	£410,000	£366,449	12% above HPI
2009 7 DEC	£435,000	£352,533	23% above HPI
1996 26 APR	£138,000	£102,160	35% above HPI

16 HOMELANDS GROVE 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 16 HOMELANDS GROVE sales between April 1996 and January 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 October 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 16 HOMELANDS GROVE?

16 HOMELANDS GROVE is 164m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where 16 HOMELANDS GROVE lies on this distribution: 63% of detached houses are smaller than 16 HOMELANDS GROVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

16 HOMELANDS GROVE: Plot and Title Map

16 HOMELANDS GROVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 16 HOMELANDS GROVE, 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 HOMELANDS GROVE). 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 HOMELANDS GROVE?

16 HOMELANDS GROVE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 16 on HOMELANDS GROVE.