21, RIGNALS LANE, CHELMSFORD, CM2 8QT - £750,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 RIGNALS LANE is a very large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £745,582. It was last sold for £750,000 in May 2022, which was around 11% above the average May 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

21 RIGNALS LANE Sold Prices

Land registry data shows four sales for 21 RIGNALS 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. All of the four 21 RIGNALS 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
2022 20 MAY	£750,000	£672,729	11% above HPI
2009 24 JUL	£410,000	£335,489	22% above HPI
1998 30 APR	£195,000	£137,814	41% above HPI
1995 30 NOV	£155,500	£106,538	46% above HPI

21 RIGNALS 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 RIGNALS LANE sales between November 1995 and May 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 2009 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 21 RIGNALS LANE be worth now?

21 RIGNALS LANE might now be worth an estimated £745,582.

This is based on house price deflation of 0.6%, between May 2022 and March 2025, 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 0.6% deflationary decrease is applied to the most recent sale price for 21 RIGNALS LANE of £750,000 on 20th May 2022. For the value to have decreased from £750,000 to £745,582 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 21 RIGNALS LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 21 RIGNALS LANE has not materially changed since May 2022.

How Large is 21 RIGNALS LANE?

21 RIGNALS LANE is 158m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 20% of detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galleywood, and where 21 RIGNALS LANE lies on this distribution: 83% of detached houses houses are smaller than 21 RIGNALS LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

21 RIGNALS LANE: Plot and Title Map

21 RIGNALS LANE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 21 RIGNALS 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 RIGNALS 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 RIGNALS LANE?

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