2, NORTON PLACE, RAMSDEN HEATH, BILLERICAY, CM11 1JJ - £650,000

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

2 NORTON PLACE is a midsized extended detached house of 143m², built sometime between 2003 and 2006, which could now be worth an estimated £669,714. It was last sold for £650,000 in December 2021, which was about the average December 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

2 NORTON PLACE Sold Prices

Land registry data shows four sales for 2 NORTON PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The four 2 NORTON PLACE sales were a mix of roughly equal to the average price, above the average price, and 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
2021 14 DEC	£650,000	£648,097	Close to HPI
2018 23 OCT	£585,000	£581,595	1% above HPI
2016 23 SEP	£520,000	£546,057	5% below HPI
2007 31 AUG	£400,000	£389,707	3% above HPI

2 NORTON PLACE 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 four 2 NORTON PLACE sales between August 2007 and December 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 October 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 NORTON PLACE be worth now?

2 NORTON PLACE might now be worth an estimated £669,714.

This is based on house price inflation of 3%, between December 2021 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 3% inflationary increase is applied to the most recent sale price for 2 NORTON PLACE of £650,000 on 14th December 2021. For the value to have increased from £650,000 to £669,714 over the three years to December 2024, the following assumptions must hold true:

• The value of 2 NORTON PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTON PLACE has not materially changed since December 2021.

How Large is 2 NORTON PLACE?

2 NORTON PLACE is 143m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% 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 2 NORTON PLACE lies on this distribution: 44% of detached houses houses are smaller than 2 NORTON PLACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

2 NORTON PLACE: Plot and Title Map

2 NORTON PLACE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2 NORTON PLACE, 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 NORTON PLACE). 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 NORTON PLACE?

2 NORTON PLACE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 2 on NORTON PLACE.