Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 WILLOWMEADE is a very small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £337,000 in January 2014, which was around 16% below the average January 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 2 WILLOWMEADE since 1st 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 WILLOWMEADE 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 |
---|---|---|---|
2014 9 JAN | £337,000 | £399,419 | 16% below HPI |
2010 3 DEC | £288,000 | £371,172 | 22% below HPI |
2006 3 APR | £270,000 | £334,679 | 19% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 2 WILLOWMEADE sales between April 2006 and January 2014 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 December 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
2 WILLOWMEADE is 98m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where 2 WILLOWMEADE lies on this distribution: 8% of detached houses are smaller than 2 WILLOWMEADE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.
2 WILLOWMEADE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 WILLOWMEADE, 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 WILLOWMEADE). 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.
2 WILLOWMEADE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 2 on WILLOWMEADE.