18, PYNE GATE, GALLEYWOOD, CHELMSFORD, CM2 8QG - £650,000

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

18 PYNE GATE is a midsized detached house of 124m², built sometime between 1976 and 1982. It was last sold for £650,000 in November 2021, which was around 3% above the average November 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

18 PYNE GATE Sold Prices

Land registry data shows two sales for 18 PYNE GATE 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 18 PYNE GATE 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
2021 4 NOV	£650,000	£633,182	3% above HPI
1995 23 AUG	£126,000	£104,798	20% above HPI

18 PYNE GATE 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 18 PYNE GATE sales from August 1995 and November 2021 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 August 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 18 PYNE GATE?

18 PYNE GATE is 124m² according to the EPC inspection conducted in December 2020. 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 18 PYNE GATE lies on this distribution: 45% of detached houses are smaller than 18 PYNE GATE, and 53% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

18 PYNE GATE: Plot and Title Map

18 PYNE GATE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 18 PYNE GATE, 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 PYNE GATE). 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 PYNE GATE?

18 PYNE GATE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 18 on PYNE GATE.