234, MAIN ROAD, BROOMFIELD, CHELMSFORD, CM1 7AW - £815,000

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

234 MAIN ROAD is a very large extended detached house of 290m², built sometime between 1950 and 1966. It was last sold for £815,000 in February 2024, which was around 24% above the average February 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

234 MAIN ROAD Sold Prices

Land registry data shows two sales for 234 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 234 MAIN ROAD sales was for above the average price, whilst the other was 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
2024 15 FEB	£815,000	£656,250	24% above HPI
2012 6 JUL	£230,500	£380,944	39% below HPI

234 MAIN ROAD 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 two 234 MAIN ROAD sales from July 2012 and February 2024 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 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 234 MAIN ROAD?

234 MAIN ROAD is 290m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 234 MAIN ROAD lies on this distribution: 99% of detached houses are smaller than 234 MAIN ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

234 MAIN ROAD: Plot and Title Map

234 MAIN ROAD sits on a plot of roughly 0.194 of an acre, or 783m². The below map shows the location of 234 MAIN ROAD, 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 234 MAIN ROAD). 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 234 MAIN ROAD?

234 MAIN ROAD is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 234 on MAIN ROAD.