4, COLVIN CHASE, GALLEYWOOD, CHELMSFORD, CM2 8QQ - £585,000

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

4 COLVIN CHASE is a small extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £585,000 in June 2018, which was around 5% above the average June 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

4 COLVIN CHASE Sold Prices

Land registry data shows two sales for 4 COLVIN CHASE 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 4 COLVIN CHASE 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
2018 26 JUN	£585,000	£558,123	5% above HPI
2014 14 FEB	£330,000	£410,178	20% below HPI

4 COLVIN 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 two 4 COLVIN CHASE sales from February 2014 and June 2018 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 COLVIN CHASE?

4 COLVIN CHASE is 110m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 4 COLVIN CHASE lies on this distribution: 31% of detached houses are smaller than 4 COLVIN CHASE, and 69% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

4 COLVIN CHASE: Plot and Title Map

4 COLVIN CHASE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 4 COLVIN 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 4 COLVIN 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 4 COLVIN CHASE?

4 COLVIN CHASE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 4 on COLVIN CHASE.