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
168 ARBOUR LANE is a large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £760,000 in September 2023, which was around 12% above the average September 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 168 ARBOUR LANE since 1st 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. One of the two 168 ARBOUR LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 6 SEP | £760,000 | £680,239 | 12% above HPI |
2015 10 JUL | £435,000 | £465,411 | 7% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 168 ARBOUR LANE sales from July 2015 and September 2023 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
168 ARBOUR LANE is 163m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 168 ARBOUR LANE lies on this distribution: 79% of detached houses are smaller than 168 ARBOUR LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
168 ARBOUR LANE sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 168 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 168 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.
168 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 168 on ARBOUR LANE.