17, MORETONS, GALLEYWOOD, CHELMSFORD, CM2 8RG - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 MORETONS is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £545,000 in November 2020, which was around 7% below the average November 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

17 MORETONS Sold Prices

Land registry data shows two sales for 17 MORETONS 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. One of the two 17 MORETONS sales was for below the average price, whilst the other was 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
2020 6 NOV	£545,000	£586,161	7% below HPI
1996 26 APR	£105,000	£102,160	3% above HPI

17 MORETONS 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 17 MORETONS sales from April 1996 and November 2020 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 April 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 17 MORETONS?

17 MORETONS is 123m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 17 MORETONS lies on this distribution: 45% of detached houses are smaller than 17 MORETONS, and 55% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

17 MORETONS: Plot and Title Map

17 MORETONS sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 17 MORETONS, 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 17 MORETONS). 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 17 MORETONS?

17 MORETONS is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 17 on MORETONS.