3, HOMELANDS GROVE, RAMSDEN HEATH, BILLERICAY, CM11 1NJ - £525,000

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

3 HOMELANDS GROVE is a midsized extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £525,000 in July 2014, which was around 21% above the average July 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 HOMELANDS GROVE Sold Prices

Land registry data shows two sales for 3 HOMELANDS GROVE 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 HOMELANDS GROVE 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
2014 24 JUL	£525,000	£433,262	21% above HPI
2001 9 MAR	£227,500	£196,549	16% above HPI

3 HOMELANDS GROVE 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 HOMELANDS GROVE sales from March 2001 and July 2014 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 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 HOMELANDS GROVE?

3 HOMELANDS GROVE is 152m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where 3 HOMELANDS GROVE lies on this distribution: 55% of detached houses are smaller than 3 HOMELANDS GROVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

3 HOMELANDS GROVE: Plot and Title Map

3 HOMELANDS GROVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 HOMELANDS GROVE, 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 HOMELANDS GROVE). 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 HOMELANDS GROVE?

3 HOMELANDS GROVE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 3 on HOMELANDS GROVE.