2, HOME MEAD, WRITTLE, CHELMSFORD, CM1 3LH - £470,000

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 HOME MEAD is a small extended semi-detached house of 105m², built sometime between 1950 and 1966. It was last sold for £470,000 in June 2022, which was around 31% below the average June 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 HOME MEAD Sold Prices

Land registry data shows three sales for 2 HOME MEAD 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 HOME MEAD 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
2022 1 JUN	£470,000	£676,930	31% below HPI
2015 29 JUL	£353,000	£465,411	24% below HPI
2000 23 JUN	£130,000	£182,428	29% below HPI

2 HOME MEAD 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 HOME MEAD sales between June 2000 and June 2022 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 July 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 HOME MEAD?

2 HOME MEAD is 105m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Writtle, based on EPC data. The below chart shows the distribution of detached houses by size in Writtle, and where 2 HOME MEAD lies on this distribution: 29% of detached houses are smaller than 2 HOME MEAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Writtle.

2 HOME MEAD: Plot and Title Map

2 HOME MEAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 HOME MEAD, 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 HOME MEAD). 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 HOME MEAD?

2 HOME MEAD is located in WRITTLE, in the CM1 postcode district. The below map shows the position of No. 2 on HOME MEAD.