23, VICARAGE LANE, GREAT BADDOW, CHELMSFORD, CM2 8HY - £1,000,000

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.

23 VICARAGE LANE is a very large extended detached house of 268m², built sometime from 2007 onwards, which could now be worth an estimated £1,269,977. It was last sold for £1,000,000 in March 2016, which was around 91% above the average March 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

23 VICARAGE LANE Sold Prices

Land registry data shows four sales for 23 VICARAGE 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. two of the four 23 VICARAGE LANE sales were for above the average price, and four 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
2016 18 MAR	£1,000,000	£524,026	91% above HPI
2007 27 JUL	£470,000	£383,864	22% above HPI
1997 30 MAY	£110,000	£117,833	7% below HPI
1996 8 NOV	£100,000	£112,070	11% below HPI

23 VICARAGE 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 23 VICARAGE LANE sales between November 1996 and March 2016 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 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2016 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 23 VICARAGE LANE be worth now?

23 VICARAGE LANE might now be worth an estimated £1,269,977.

This is based on house price inflation of 27%, between March 2016 and February 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 27% inflationary increase is applied to the most recent sale price for 23 VICARAGE LANE of £1,000,000 on 18th March 2016. For the value to have increased from £1,000,000 to £1,269,977 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 23 VICARAGE LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2016 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 23 VICARAGE LANE has not materially changed since March 2016.

How Large is 23 VICARAGE LANE?

23 VICARAGE LANE is 268m², which includes two extensions, according to the EPC inspection conducted in December 2011. This puts it in the largest 10% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 23 VICARAGE LANE lies on this distribution: 98% of detached houses houses are smaller than 23 VICARAGE LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

23 VICARAGE LANE: Plot and Title Map

23 VICARAGE LANE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 23 VICARAGE 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 23 VICARAGE 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 23 VICARAGE LANE?

23 VICARAGE LANE is located in GREAT BADDOW, in the CM2 postcode district. The below map shows the position of No. 23 on VICARAGE LANE.