16, MILL LANE, DANBURY, CHELMSFORD, CM3 4LF - £730,000

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

16 MILL LANE is a very large detached house of 209m², built sometime between 1950 and 1966. It was last sold for £730,000 in April 2017, which was around 31% above the average April 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2016, where the current energy rating was F, and the potential energy rating was D.

16 MILL LANE Sold Prices

Land registry data shows two sales for 16 MILL LANE 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 MILL LANE 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
2017 18 APR	£730,000	£555,229	31% above HPI
2001 5 JUL	£344,995	£203,973	69% above HPI

16 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 two 16 MILL LANE sales from July 2001 and April 2017 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 July 2001 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the April 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 16 MILL LANE?

16 MILL LANE is 209m² according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 16 MILL LANE lies on this distribution: 83% of detached houses are smaller than 16 MILL LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Danbury.

16 MILL LANE: Plot and Title Map

16 MILL LANE sits on a plot of roughly 0.298 of an acre, or 1,208m². The below map shows the location of 16 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 16 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 16 MILL LANE?

16 MILL LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 16 on MILL LANE.