3, WILLOWMEADE, RAMSDEN HEATH, BILLERICAY, CM11 1HY - £710,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 WILLOWMEADE is a midsized extended detached house of 151m², built sometime between 1991 and 1995. It was last sold for £710,000 in December 2017, which was around 25% above the average December 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

3 WILLOWMEADE Sold Prices

Land registry data shows two sales for 3 WILLOWMEADE 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 WILLOWMEADE 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 20 DEC	£710,000	£565,791	25% above HPI
2005 6 MAY	£400,000	£323,822	24% above HPI

3 WILLOWMEADE 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 WILLOWMEADE sales from May 2005 and December 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 May 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 WILLOWMEADE?

3 WILLOWMEADE is 151m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 WILLOWMEADE lies on this distribution: 54% of detached houses are smaller than 3 WILLOWMEADE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

3 WILLOWMEADE: Plot and Title Map

3 WILLOWMEADE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 3 WILLOWMEADE, 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 WILLOWMEADE). 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 WILLOWMEADE?

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