17, MULTON LEA, CHELMSFORD, CM1 6EF - £875,000

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

17 MULTON LEA is a very large extended detached house of 208m², built sometime between 1996 and 2002. It was last sold for £875,000 in November 2019, which was around 50% above the average November 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

17 MULTON LEA Sold Prices

Land registry data shows two sales for 17 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 17 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
2019 13 NOV	£875,000	£583,850	50% above HPI
2007 7 FEB	£516,000	£350,299	47% above HPI

17 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 17 MULTON LEA sales from February 2007 and November 2019 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 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 17 MULTON LEA?

17 MULTON LEA is 208m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 17 MULTON LEA lies on this distribution: 92% of detached houses are smaller than 17 MULTON LEA, and 7% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

17 MULTON LEA: Plot and Title Map

17 MULTON LEA sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 17 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 17 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 17 MULTON LEA?

17 MULTON LEA is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 17 on MULTON LEA.