Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
36 BEEHIVE LANE is a small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £450,000 in March 2023, which was around 33% below the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 36 BEEHIVE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 36 BEEHIVE LANE 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 |
---|---|---|---|
2023 24 MAR | £450,000 | £669,908 | 33% below HPI |
2011 28 OCT | £269,000 | £366,449 | 27% below HPI |
2001 26 JAN | £109,000 | £193,601 | 44% below HPI |
1995 22 SEP | £58,000 | £105,619 | 45% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 36 BEEHIVE LANE sales between September 1995 and March 2023 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 October 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
36 BEEHIVE LANE is 93m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 36 BEEHIVE LANE lies on this distribution: 22% of detached houses are smaller than 36 BEEHIVE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
36 BEEHIVE LANE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 36 BEEHIVE 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 36 BEEHIVE 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.
36 BEEHIVE LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 36 on BEEHIVE LANE.