37, MILL LANE, DANBURY, CHELMSFORD, CM3 4LB - £330,000

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

37 MILL LANE is a midsized extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £330,000 in May 2005, which was around 2% above the average May 2005 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

37 MILL LANE Sold Prices

Land registry data shows two sales for 37 MILL LANE 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. One of the two 37 MILL LANE sales was for above the average price, whilst the other was 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
2005 5 MAY	£330,000	£323,822	2% above HPI
2002 5 SEP	£249,950	£260,272	4% below HPI

37 MILL LANE 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 37 MILL LANE sales from September 2002 and May 2005 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2005 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 37 MILL LANE?

37 MILL LANE is 134m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 37 MILL LANE lies on this distribution: 43% of detached houses are smaller than 37 MILL LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Danbury.

37 MILL LANE: Plot and Title Map

37 MILL LANE sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 37 MILL 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 37 MILL 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.

Where is 37 MILL LANE?

37 MILL LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 37 on MILL LANE.