34, MEGGY TYE, SPRINGFIELD, CHELMSFORD, CM2 6GA - £405,000

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

34 MEGGY TYE is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £405,000 in December 2019, which was around 30% below the average December 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

34 MEGGY TYE Sold Prices

Land registry data shows three sales for 34 MEGGY TYE 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. All of the three 34 MEGGY TYE sales were 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 20 DEC	£405,000	£576,424	30% below HPI
2008 5 SEP	£270,000	£365,876	26% below HPI
2003 30 APR	£230,000	£290,631	21% below HPI

34 MEGGY TYE 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 34 MEGGY TYE sales between April 2003 and December 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 September 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 34 MEGGY TYE?

34 MEGGY TYE is 97m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 34 MEGGY TYE lies on this distribution: 26% of detached houses are smaller than 34 MEGGY TYE, and 73% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

34 MEGGY TYE: Plot and Title Map

34 MEGGY TYE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 34 MEGGY TYE, 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 34 MEGGY TYE). 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 34 MEGGY TYE?

34 MEGGY TYE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 34 on MEGGY TYE.