4, PEARMAINS, GREAT LEIGHS, CHELMSFORD, CM3 1QS - £740,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PEARMAINS is a very large detached house of 205m², built sometime between 1996 and 2002. It was last sold for £740,000 in October 2023, which was around 10% above the average October 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

4 PEARMAINS Sold Prices

Land registry data shows two sales for 4 PEARMAINS 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 4 PEARMAINS sales were 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 20 OCT	£740,000	£670,951	10% above HPI
2009 15 DEC	£460,000	£356,291	29% above HPI

4 PEARMAINS 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 PEARMAINS sales from December 2009 and October 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 December 2009 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 PEARMAINS be worth now?

4 PEARMAINS might now be worth an estimated £736,473.

This is based on house price deflation of 0.5%, between October 2023 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 4 PEARMAINS of £740,000 on 20th October 2023. For the value to have decreased from £740,000 to £736,473 over the ten months to December 2024, the following assumptions must hold true:

• The value of 4 PEARMAINS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2023 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PEARMAINS has not materially changed since October 2023.

How Large is 4 PEARMAINS?

4 PEARMAINS is 205m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Leighs, and where 4 PEARMAINS lies on this distribution: 91% of detached houses houses are smaller than 4 PEARMAINS, and 8% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

4 PEARMAINS: Plot and Title Map

4 PEARMAINS sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 4 PEARMAINS, 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 PEARMAINS). 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 PEARMAINS?

4 PEARMAINS is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 4 on PEARMAINS.