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
301 BROOMFIELD ROAD is a large detached house of 155m², built sometime before 1900. It was last sold for £387,000 in May 2014, which was around 7% below the average May 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 301 BROOMFIELD ROAD since 1st 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 301 BROOMFIELD ROAD sales were for below the average price, whilst one was 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 12 MAY | £387,000 | £417,314 | 7% below HPI |
2009 26 NOV | £345,000 | £353,771 | 2% below HPI |
2007 13 APR | £375,000 | £363,680 | 3% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 301 BROOMFIELD ROAD sales between April 2007 and May 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 November 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
301 BROOMFIELD ROAD is 155m² according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 301 BROOMFIELD ROAD lies on this distribution: 75% of detached houses are smaller than 301 BROOMFIELD ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
301 BROOMFIELD ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 301 BROOMFIELD ROAD, 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 301 BROOMFIELD ROAD). 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.
301 BROOMFIELD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 301 on BROOMFIELD ROAD.