3, PEARTREE LANE, DANBURY, CHELMSFORD, CM3 4LS - £515,000

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

3 PEARTREE LANE is a very large detached house of 176m², built sometime between 1967 and 1975. It was last sold for £515,000 in July 2014, which was around 19% above the average July 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 PEARTREE LANE Sold Prices

Land registry data shows two sales for 3 PEARTREE 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. Both of the two 3 PEARTREE LANE 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 16 JUL	£515,000	£433,262	19% above HPI
2001 31 MAY	£305,000	£198,892	53% above HPI

3 PEARTREE 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 3 PEARTREE LANE sales from May 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 May 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 PEARTREE LANE?

3 PEARTREE LANE is 176m² according to the EPC inspection conducted in August 2010. This puts it in the largest 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 PEARTREE LANE lies on this distribution: 89% of detached houses are smaller than 3 PEARTREE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

3 PEARTREE LANE: Plot and Title Map

3 PEARTREE LANE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 3 PEARTREE 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 3 PEARTREE 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 3 PEARTREE LANE?

3 PEARTREE LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 3 on PEARTREE LANE.