37, LAMBOURNE CHASE, CHELMSFORD, CM2 9FF - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 LAMBOURNE CHASE is a midsized detached house of 111m², built sometime between 2007 and 2011. It was last sold for £500,000 in March 2023, which was around 26% below the average March 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

37 LAMBOURNE CHASE Sold Prices

Land registry data shows three sales for 37 LAMBOURNE CHASE 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. Two of the three 37 LAMBOURNE CHASE 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
2023 24 MAR	£500,000	£673,039	26% below HPI
2016 3 FEB	£500,000	£510,775	2% below HPI
2010 28 JUL	£387,500	£372,211	4% above HPI

37 LAMBOURNE CHASE 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 37 LAMBOURNE CHASE sales between July 2010 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 February 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 37 LAMBOURNE CHASE?

37 LAMBOURNE CHASE is 111m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 37 LAMBOURNE CHASE lies on this distribution: 42% of detached houses are smaller than 37 LAMBOURNE CHASE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

37 LAMBOURNE CHASE: Plot and Title Map

37 LAMBOURNE CHASE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 37 LAMBOURNE CHASE, 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 37 LAMBOURNE CHASE). 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 37 LAMBOURNE CHASE?

37 LAMBOURNE CHASE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 37 on LAMBOURNE CHASE.