3, ALDERBURY LEA, BICKNACRE, CHELMSFORD, CM3 4XQ - £325,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 ALDERBURY LEA is a very small semi-detached house of 80m², built sometime between 1983 and 1990. It was last sold for £325,000 in December 2018, which was around 44% below the average December 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

3 ALDERBURY LEA Sold Prices

Land registry data shows two sales for 3 ALDERBURY LEA 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 3 ALDERBURY LEA 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
2018 17 DEC	£325,000	£576,813	44% below HPI
2010 12 MAR	£195,000	£358,926	46% below HPI

3 ALDERBURY LEA 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 3 ALDERBURY LEA sales from March 2010 and December 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 March 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 ALDERBURY LEA?

3 ALDERBURY LEA is 80m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 3 ALDERBURY LEA lies on this distribution: 14% of detached houses are smaller than 3 ALDERBURY LEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

3 ALDERBURY LEA: Plot and Title Map

3 ALDERBURY LEA sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 3 ALDERBURY LEA, 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 3 ALDERBURY LEA). 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 3 ALDERBURY LEA?

3 ALDERBURY LEA is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 3 on ALDERBURY LEA.