16, PEARTREE LANE, DANBURY, CHELMSFORD, CM3 4LS - £335,000

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 PEARTREE LANE is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £335,000 in August 2014, which was around 23% below the average August 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

16 PEARTREE LANE Sold Prices

Land registry data shows two sales for 16 PEARTREE 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 PEARTREE LANE 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
2014 6 AUG	£335,000	£435,105	23% below HPI
2001 30 NOV	£145,000	£216,732	33% below HPI

16 PEARTREE 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 PEARTREE LANE sales from November 2001 and August 2014 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 November 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 PEARTREE LANE?

16 PEARTREE LANE is 89m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 16 PEARTREE LANE lies on this distribution: 21% of detached houses are smaller than 16 PEARTREE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

16 PEARTREE LANE: Plot and Title Map

16 PEARTREE LANE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 16 PEARTREE 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 PEARTREE 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 PEARTREE LANE?

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