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
166 ARBOUR LANE is a midsized extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £701,000 in November 2022, which was around 2% above the average November 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 166 ARBOUR LANE since 1st 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. two of the four 166 ARBOUR LANE sales were for above the average price, and four 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 |
---|---|---|---|
2022 11 NOV | £701,000 | £688,575 | 2% above HPI |
2013 17 JUL | £435,000 | £387,941 | 12% above HPI |
2009 13 JAN | £275,000 | £322,237 | 15% below HPI |
2003 31 OCT | £288,000 | £302,087 | 5% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 166 ARBOUR LANE sales between October 2003 and November 2022 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 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
166 ARBOUR LANE is 130m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 166 ARBOUR LANE lies on this distribution: 59% of detached houses are smaller than 166 ARBOUR LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
166 ARBOUR LANE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 166 ARBOUR 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 166 ARBOUR 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.
166 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 166 on ARBOUR LANE.