21, BROOK LANE, GALLEYWOOD, CHELMSFORD, CM2 8NL - £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

21 BROOK LANE is a large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £510,000 in November 2015, which was around 3% above the average November 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

21 BROOK LANE Sold Prices

Land registry data shows four sales for 21 BROOK LANE 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. Most of the four 21 BROOK LANE sales were 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 25 NOV	£510,000	£496,541	3% above HPI
2007 12 DEC	£449,950	£386,970	16% above HPI
2006 25 AUG	£390,000	£342,418	14% above HPI
1997 17 OCT	£109,950	£130,441	16% below HPI

21 BROOK LANE 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 21 BROOK LANE sales between October 1997 and November 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 December 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 21 BROOK LANE?

21 BROOK LANE is 150m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 21 BROOK LANE lies on this distribution: 75% of detached houses are smaller than 21 BROOK LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

21 BROOK LANE: Plot and Title Map

21 BROOK LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 21 BROOK LANE, 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 21 BROOK LANE). 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 21 BROOK LANE?

21 BROOK LANE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 21 on BROOK LANE.