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

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

30 PARK LANE is a midsized detached house of 146m², built sometime from 2007 onwards. It was last sold for £740,000 in March 2019, which was around 26% 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	£589,121	26% above HPI
2016 28 NOV	£607,000	£534,455	14% above HPI
2010 3 SEP	£310,000	£372,749	17% 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

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 in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where 30 PARK LANE lies on this distribution: 47% of detached 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.