16, MULTON LEA, CHELMSFORD, CM1 6EF - £492,500

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 MULTON LEA is a very large detached house of 228m², built sometime between 1996 and 2002. It was last sold for £492,500 in June 2003, which was around 66% above the average June 2003 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

16 MULTON LEA Sold Prices

Land registry data shows two sales for 16 MULTON LEA 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 MULTON LEA 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
2003 20 JUN	£492,500	£296,450	66% above HPI
2000 29 FEB	£235,000	£173,378	36% above HPI

16 MULTON LEA 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 MULTON LEA sales from February 2000 and June 2003 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 February 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2003 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 16 MULTON LEA?

16 MULTON LEA is 228m² according to the EPC inspection conducted in April 2011. This puts it in the largest 10% 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 MULTON LEA lies on this distribution: 95% of detached houses are smaller than 16 MULTON LEA, and 5% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 MULTON LEA: Plot and Title Map

16 MULTON LEA sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 16 MULTON LEA, 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 MULTON LEA). 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 MULTON LEA?

16 MULTON LEA is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 16 on MULTON LEA.