22, THE WILLOWS, BOREHAM, CHELMSFORD, CM3 3DJ - £497,500

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

22 THE WILLOWS is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £497,500 in August 2023, which was around 27% below the average August 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

22 THE WILLOWS Sold Prices

Land registry data shows three sales for 22 THE WILLOWS since 1^st 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 22 THE WILLOWS 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
2023 11 AUG	£497,500	£681,999	27% below HPI
2014 21 FEB	£282,500	£410,178	31% below HPI
2002 10 MAY	£152,000	£238,132	36% below HPI

22 THE WILLOWS 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 three 22 THE WILLOWS sales between May 2002 and August 2023 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 February 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 THE WILLOWS?

22 THE WILLOWS is 120m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where 22 THE WILLOWS lies on this distribution: 61% of detached houses are smaller than 22 THE WILLOWS, and 38% of houses are larger. Note that EPC data is not available for all properties in Boreham.

22 THE WILLOWS: Plot and Title Map

22 THE WILLOWS sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 22 THE WILLOWS, 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 22 THE WILLOWS). 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 22 THE WILLOWS?

22 THE WILLOWS is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 22 on THE WILLOWS.