2, JAMES CROFT, GALLEYWOOD, CHELMSFORD, CM2 8WD - £455,000

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 JAMES CROFT is a small detached house of 118m², built sometime between 1991 and 1995. It was last sold for £455,000 in December 2015, which was around 8% below the average December 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

2 JAMES CROFT Sold Prices

Land registry data shows two sales for 2 JAMES CROFT 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 JAMES CROFT 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
2015 10 DEC	£455,000	£495,450	8% below HPI
2010 13 SEP	£410,000	£372,749	10% above HPI

2 JAMES CROFT 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 JAMES CROFT sales from September 2010 and December 2015 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 September 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 JAMES CROFT?

2 JAMES CROFT is 118m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% 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 JAMES CROFT lies on this distribution: 37% of detached houses are smaller than 2 JAMES CROFT, and 62% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

2 JAMES CROFT: Plot and Title Map

2 JAMES CROFT sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 JAMES CROFT, 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 JAMES CROFT). 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 JAMES CROFT?

2 JAMES CROFT is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 2 on JAMES CROFT.