315, MAIN ROAD, BROOMFIELD, CHELMSFORD, CM1 7AX - £883,000

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

315 MAIN ROAD is a very large extended detached house of 238m², built sometime before 1900. It was last sold for £883,000 in September 2022, which was around 28% above the average September 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

315 MAIN ROAD Sold Prices

Land registry data shows two sales for 315 MAIN ROAD 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 315 MAIN ROAD 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
2022 12 SEP	£883,000	£687,833	28% above HPI
2013 13 SEP	£580,000	£391,996	48% above HPI

315 MAIN ROAD 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 315 MAIN ROAD sales from September 2013 and September 2022 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 September 2013 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 315 MAIN ROAD?

315 MAIN ROAD is 238m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 315 MAIN ROAD lies on this distribution: 98% of detached houses are smaller than 315 MAIN ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

315 MAIN ROAD: Plot and Title Map

315 MAIN ROAD sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of 315 MAIN 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 315 MAIN 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.

Where is 315 MAIN ROAD?

315 MAIN ROAD is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 315 on MAIN ROAD.