26, BROOK LANE, GALLEYWOOD, CHELMSFORD, CM2 8NL - £550,000

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

26 BROOK LANE is a very large detached house of 241m², built in 2022. It was last sold for £550,000 in August 2018, which was around 5% below the average August 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

26 BROOK LANE Sold Prices

Land registry data shows two sales for 26 BROOK LANE 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 26 BROOK LANE sales was for below the average price, whilst the other was for above 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
2018 24 AUG	£550,000	£575,967	5% below HPI
1999 9 JUL	£250,000	£149,452	67% above HPI

26 BROOK 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 two 26 BROOK LANE sales from July 1999 and August 2018 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 1999 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the August 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 26 BROOK LANE?

26 BROOK LANE is 241m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 26 BROOK LANE lies on this distribution: 98% of detached houses are smaller than 26 BROOK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

26 BROOK LANE: Plot and Title Map

26 BROOK LANE sits on a plot of roughly 0.625 of an acre, or 2,529m². The below map shows the location of 26 BROOK 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 26 BROOK 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 26 BROOK LANE?

26 BROOK LANE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 26 on BROOK LANE.