24, LIME WALK, CHELMSFORD, CM2 9NG - £335,000

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

24 LIME WALK is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £335,000 in January 2023, which was around 51% below the average January 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

24 LIME WALK Sold Prices

Land registry data shows two sales for 24 LIME WALK 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. Both of the two 24 LIME WALK 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 13 JAN	£335,000	£683,255	51% below HPI
2002 13 DEC	£129,250	£277,642	53% below HPI

24 LIME WALK 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 24 LIME WALK sales from December 2002 and January 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 December 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2023 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 24 LIME WALK?

24 LIME WALK is 74m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 24 LIME WALK lies on this distribution: 7% of detached houses are smaller than 24 LIME WALK, and 93% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

24 LIME WALK: Plot and Title Map

24 LIME WALK sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 24 LIME WALK, 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 24 LIME WALK). 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 24 LIME WALK?

24 LIME WALK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 24 on LIME WALK.