19, HOMELANDS GROVE, RAMSDEN HEATH, BILLERICAY, CM11 1NJ - £490,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19 HOMELANDS GROVE is a very small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £554,727. It was last sold for £490,000 in July 2020, which was around 17% below the average July 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

19 HOMELANDS GROVE Sold Prices

Land registry data shows two sales for 19 HOMELANDS GROVE 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 19 HOMELANDS GROVE 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
2020 28 JUL	£490,000	£589,838	17% below HPI
2003 24 APR	£280,000	£293,730	5% below HPI

19 HOMELANDS GROVE 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 19 HOMELANDS GROVE sales from April 2003 and July 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 19 HOMELANDS GROVE be worth now?

19 HOMELANDS GROVE might now be worth an estimated £554,727.

This is based on house price inflation of 13.2%, between July 2020 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.2% inflationary increase is applied to the most recent sale price for 19 HOMELANDS GROVE of £490,000 on 28th July 2020. For the value to have increased from £490,000 to £554,727 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 19 HOMELANDS GROVE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 19 HOMELANDS GROVE has not materially changed since July 2020.

How Large is 19 HOMELANDS GROVE?

19 HOMELANDS GROVE is 91m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsden Heath, and where 19 HOMELANDS GROVE lies on this distribution: 6% of detached houses houses are smaller than 19 HOMELANDS GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

19 HOMELANDS GROVE: Plot and Title Map

19 HOMELANDS GROVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 19 HOMELANDS GROVE, 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 19 HOMELANDS GROVE). 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 19 HOMELANDS GROVE?

19 HOMELANDS GROVE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 19 on HOMELANDS GROVE.