259, MAIN ROAD, BROOMFIELD, CHELMSFORD, CM1 7AT - £209,200

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

259 MAIN ROAD is a very small extended semi-detached house of 76m², built sometime between 1930 and 1949. It was last sold for £209,200 in August 2010, which was around 43% below the average August 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

259 MAIN ROAD Sold Prices

Land registry data shows four sales for 259 MAIN ROAD 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 259 MAIN ROAD 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
2010 6 AUG	£209,200	£367,714	43% below HPI
2006 18 JUL	£207,000	£340,967	39% below HPI
2003 20 JAN	£260,000	£282,470	8% below HPI
1997 22 AUG	£59,000	£126,702	53% below HPI

259 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 four 259 MAIN ROAD sales between August 1997 and August 2010 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 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2010 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 259 MAIN ROAD?

259 MAIN ROAD is 76m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 259 MAIN ROAD lies on this distribution: 12% of detached houses are smaller than 259 MAIN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

259 MAIN ROAD: Plot and Title Map

259 MAIN ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 259 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 259 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 259 MAIN ROAD?

259 MAIN ROAD is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 259 on MAIN ROAD.