27, MORETONS, GALLEYWOOD, CHELMSFORD, CM2 8RG - £550,000

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

27 MORETONS is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £550,000 in September 2023, which was around 19% below the average September 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

27 MORETONS Sold Prices

Land registry data shows three sales for 27 MORETONS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 27 MORETONS sales were for below the average price, whilst one 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
2023 15 SEP	£550,000	£680,239	19% below HPI
2012 5 OCT	£357,500	£389,956	8% below HPI
2006 21 APR	£355,000	£334,679	6% above HPI

27 MORETONS 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 three 27 MORETONS sales between April 2006 and September 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 October 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 27 MORETONS?

27 MORETONS is 121m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 27 MORETONS lies on this distribution: 43% of detached houses are smaller than 27 MORETONS, and 56% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

27 MORETONS: Plot and Title Map

27 MORETONS sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 27 MORETONS, 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 27 MORETONS). 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 27 MORETONS?

27 MORETONS is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 27 on MORETONS.