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
45 PRIORY ROAD is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £600,000 in October 2020, which was around 2% above the average October 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 45 PRIORY ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 45 PRIORY ROAD sales were for above the average price, whilst one 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 |
---|---|---|---|
2020 30 OCT | £600,000 | £589,349 | 2% above HPI |
2014 21 JUL | £450,000 | £433,262 | 4% above HPI |
2004 20 SEP | £217,000 | £328,539 | 34% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 45 PRIORY ROAD sales between September 2004 and October 2020 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 July 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
45 PRIORY ROAD is 141m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 45 PRIORY ROAD lies on this distribution: 73% of detached houses are smaller than 45 PRIORY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.
45 PRIORY ROAD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 45 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 45 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.
45 PRIORY ROAD is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 45 on PRIORY ROAD.