27, THE STREET, GALLEYWOOD, CHELMSFORD, CM2 8QN - £1,125,000

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

27 THE STREET is a very large detached house of 188m², built sometime before 1900. It was last sold for £1,125,000 in February 2017, which was around 105% above the average February 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

27 THE STREET Sold Prices

Land registry data shows two sales for 27 THE STREET 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 27 THE STREET sales were 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
2017 21 FEB	£1,125,000	£549,323	105% above HPI
1997 25 JUL	£265,000	£123,759	114% above HPI

27 THE STREET 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 27 THE STREET sales from July 1997 and February 2017 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 1997 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the February 2017 sale, where it falls to 105% above the HPI. The line then continues to track at 105% above the HPI.

How Large is 27 THE STREET?

27 THE STREET is 188m² according to the EPC inspection conducted in October 2008. 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 27 THE STREET lies on this distribution: 91% of detached houses are smaller than 27 THE STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

27 THE STREET: Plot and Title Map

27 THE STREET sits on a plot of roughly 0.535 of an acre, or 2,166m². The below map shows the location of 27 THE STREET, 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 THE STREET). 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 THE STREET?

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