30, PARK LANE, RAMSDEN HEATH, BILLERICAY, CM11 1NF - £740,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

30 PARK LANE is a midsized detached house of 146m², built sometime from 2007 onwards, which could now be worth an estimated £827,123. It was last sold for £740,000 in March 2019, which was around 24% above the average March 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

30 PARK LANE Sold Prices

Land registry data shows three sales for 30 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 30 PARK LANE sales were for above the average price, whilst one was 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
2019 29 MAR	£740,000	£595,402	24% above HPI
2016 28 NOV	£607,000	£540,153	12% above HPI
2010 3 SEP	£310,000	£376,723	18% below HPI

30 PARK 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 three 30 PARK LANE sales between September 2010 and March 2019 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 November 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 30 PARK LANE be worth now?

30 PARK LANE might now be worth an estimated £827,123.

This is based on house price inflation of 11.8%, between March 2019 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.8% inflationary increase is applied to the most recent sale price for 30 PARK LANE of £740,000 on 29th March 2019. For the value to have increased from £740,000 to £827,123 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 30 PARK LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2019 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 30 PARK LANE has not materially changed since March 2019.

How Large is 30 PARK LANE?

30 PARK LANE is 146m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsden Heath, and where 30 PARK LANE lies on this distribution: 47% of detached houses houses are smaller than 30 PARK LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

30 PARK LANE: Plot and Title Map

30 PARK LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 30 PARK 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 30 PARK 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 30 PARK LANE?

30 PARK LANE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 30 on PARK LANE.