34, THRIFT WOOD, BICKNACRE, CHELMSFORD, CM3 4HT - £320,000

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 THRIFT WOOD is a very large extended detached house of 209m², built sometime between 1967 and 1975. It was last sold for £320,000 in November 2013, which was around 20% below the average November 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

34 THRIFT WOOD Sold Prices

Land registry data shows two sales for 34 THRIFT WOOD 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 34 THRIFT WOOD 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
2013 29 NOV	£320,000	£398,620	20% below HPI
2008 7 JUL	£350,000	£379,188	8% below HPI

34 THRIFT WOOD 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 34 THRIFT WOOD sales from July 2008 and November 2013 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 July 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 34 THRIFT WOOD?

34 THRIFT WOOD is 209m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 34 THRIFT WOOD lies on this distribution: 91% of detached houses are smaller than 34 THRIFT WOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

34 THRIFT WOOD: Plot and Title Map

34 THRIFT WOOD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 34 THRIFT WOOD, 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 THRIFT WOOD). 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 THRIFT WOOD?

34 THRIFT WOOD is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 34 on THRIFT WOOD.