2, GREY LADYS, CHELMSFORD, CM2 8RB - £510,000

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

2 GREY LADYS is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £510,000 in March 2021, which was around 15% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 GREY LADYS Sold Prices

Land registry data shows two sales for 2 GREY LADYS 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. One of the two 2 GREY LADYS sales was for below the average price, whilst the other was 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 1 MAR	£510,000	£598,971	15% below HPI
2007 6 JUN	£420,000	£378,055	11% above HPI

2 GREY LADYS 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 2 GREY LADYS sales from June 2007 and March 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 June 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 GREY LADYS?

2 GREY LADYS is 105m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 2 GREY LADYS lies on this distribution: 26% of detached houses are smaller than 2 GREY LADYS, and 73% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

2 GREY LADYS: Plot and Title Map

2 GREY LADYS sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 2 GREY LADYS, 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 GREY LADYS). 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 GREY LADYS?

2 GREY LADYS is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 2 on GREY LADYS.