40, LADY LANE, CHELMSFORD, CM2 0TQ - £692,500

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

40 LADY LANE is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £692,500 in July 2018, which was around 22% above the average July 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

40 LADY LANE Sold Prices

Land registry data shows two sales for 40 LADY 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. Both of the two 40 LADY LANE 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
2018 31 JUL	£692,500	£568,938	22% above HPI
1999 19 AUG	£173,000	£153,512	13% above HPI

40 LADY 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 40 LADY LANE sales from August 1999 and July 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 August 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 40 LADY LANE?

40 LADY LANE is 139m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 40 LADY LANE lies on this distribution: 65% of detached houses are smaller than 40 LADY LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

40 LADY LANE: Plot and Title Map

40 LADY LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 40 LADY 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 40 LADY 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 40 LADY LANE?

40 LADY LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 40 on LADY LANE.