2, COLEMANS LANE, DANBURY, CHELMSFORD, CM3 4DN - £355,500

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

2 COLEMANS LANE is a very small detached house of 97m², built sometime before 1900. It was last sold for £355,500 in October 2019, which was around 40% below the average October 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was D.

2 COLEMANS LANE Sold Prices

Land registry data shows three sales for 2 COLEMANS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 2 COLEMANS LANE 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
2019 11 OCT	£355,500	£587,605	40% below HPI
2016 24 MAR	£241,500	£518,498	53% below HPI
2008 11 JUL	£180,000	£379,188	53% below HPI

2 COLEMANS LANE 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 three 2 COLEMANS LANE sales between July 2008 and October 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 March 2016 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 COLEMANS LANE?

2 COLEMANS LANE is 97m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 2 COLEMANS LANE lies on this distribution: 11% of detached houses are smaller than 2 COLEMANS LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Danbury.

2 COLEMANS LANE: Plot and Title Map

2 COLEMANS LANE sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 2 COLEMANS LANE, 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 2 COLEMANS LANE). 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 2 COLEMANS LANE?

2 COLEMANS LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 2 on COLEMANS LANE.