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 PRIORY ROAD is a very large extended detached house of 234m², built sometime between 1930 and 1949. It was last sold for £890,000 in January 2019, which was around 56% above the average January 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 4 PRIORY ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 4 PRIORY ROAD 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 |
---|---|---|---|
2019 9 JAN | £890,000 | £570,108 | 56% above HPI |
2015 10 FEB | £825,000 | £453,774 | 82% above HPI |
2009 7 SEP | £580,000 | £344,879 | 68% above HPI |
2005 25 MAY | £400,000 | £323,822 | 24% above HPI |
2002 12 SEP | £350,000 | £260,272 | 34% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The five 4 PRIORY ROAD sales between September 2002 and January 2019 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 2015 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the January 2019 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.
4 PRIORY ROAD is 234m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 4 PRIORY ROAD lies on this distribution: 95% of detached houses are smaller than 4 PRIORY ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.
4 PRIORY ROAD sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 4 PRIORY ROAD, 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 PRIORY ROAD). 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.
4 PRIORY ROAD is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 4 on PRIORY ROAD.