18, ALDERBURY LEA, BICKNACRE, CHELMSFORD, CM3 4XQ - £157,500

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

18 ALDERBURY LEA is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £157,500 in July 2010, which was around 58% below the average July 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

18 ALDERBURY LEA Sold Prices

Land registry data shows four sales for 18 ALDERBURY LEA since 1^st 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. All of the four 18 ALDERBURY LEA 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
2010 16 JUL	£157,500	£372,211	58% below HPI
2009 23 OCT	£157,500	£352,099	55% below HPI
1999 2 JUN	£77,500	£148,079	48% below HPI
1997 5 JUN	£65,000	£120,692	46% below HPI

18 ALDERBURY 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 four 18 ALDERBURY LEA sales between June 1997 and July 2010 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 October 2009 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2010 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 18 ALDERBURY LEA?

18 ALDERBURY LEA is 58m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 18 ALDERBURY LEA lies on this distribution: 1% of detached houses are smaller than 18 ALDERBURY LEA, and 99% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

18 ALDERBURY LEA: Plot and Title Map

18 ALDERBURY LEA sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 18 ALDERBURY 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 18 ALDERBURY 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 18 ALDERBURY LEA?

18 ALDERBURY LEA is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 18 on ALDERBURY LEA.