46, BROOK LANE, GALLEYWOOD, CHELMSFORD, CM2 8NL - £375,000

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

46 BROOK LANE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £375,000 in February 2020, which was around 35% below the average February 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

46 BROOK LANE Sold Prices

Land registry data shows two sales for 46 BROOK 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 46 BROOK LANE sales were 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 7 FEB	£375,000	£575,359	35% below HPI
2015 30 APR	£292,000	£454,265	36% below HPI

46 BROOK 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 46 BROOK LANE sales from April 2015 and February 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 April 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 46 BROOK LANE?

46 BROOK LANE is 69m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 46 BROOK LANE lies on this distribution: 3% of detached houses are smaller than 46 BROOK LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

46 BROOK LANE: Plot and Title Map

46 BROOK LANE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 46 BROOK 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 46 BROOK 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 46 BROOK LANE?

46 BROOK LANE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 46 on BROOK LANE.