48, PAVITT MEADOW, GALLEYWOOD, CHELMSFORD, CM2 8RQ - £408,000

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

48 PAVITT MEADOW is a small detached house of 111m², built sometime between 1996 and 2002. It was last sold for £408,000 in July 2015, which was around 12% below the average July 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

48 PAVITT MEADOW Sold Prices

Land registry data shows three sales for 48 PAVITT MEADOW since 1^st 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. One of the three 48 PAVITT MEADOW sales was for below the average price, whilst two 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
2015 22 JUL	£408,000	£465,411	12% below HPI
2001 26 JUL	£220,000	£203,973	8% above HPI
1997 19 DEC	£137,000	£132,475	3% above HPI

48 PAVITT MEADOW 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 three 48 PAVITT MEADOW sales between December 1997 and July 2015 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 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 48 PAVITT MEADOW?

48 PAVITT MEADOW is 111m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 48 PAVITT MEADOW lies on this distribution: 32% of detached houses are smaller than 48 PAVITT MEADOW, and 68% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

48 PAVITT MEADOW: Plot and Title Map

48 PAVITT MEADOW sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 48 PAVITT MEADOW, 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 48 PAVITT MEADOW). 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 48 PAVITT MEADOW?

48 PAVITT MEADOW is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 48 on PAVITT MEADOW.