483, BEEHIVE LANE, CHELMSFORD, CM2 8RL - £451,000

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

483 BEEHIVE LANE is a midsized extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £451,000 in October 2015, which was around 8% below the average October 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

483 BEEHIVE LANE Sold Prices

Land registry data shows three sales for 483 BEEHIVE LANE 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. All of the three 483 BEEHIVE 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
2015 23 OCT	£451,000	£492,136	8% below HPI
2006 31 MAR	£300,500	£331,825	9% below HPI
2003 28 NOV	£273,000	£304,652	10% below HPI

483 BEEHIVE 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 three 483 BEEHIVE LANE sales between November 2003 and October 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 March 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 483 BEEHIVE LANE?

483 BEEHIVE LANE is 130m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 483 BEEHIVE LANE lies on this distribution: 56% of detached houses are smaller than 483 BEEHIVE LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

483 BEEHIVE LANE: Plot and Title Map

483 BEEHIVE LANE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 483 BEEHIVE 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 483 BEEHIVE 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 483 BEEHIVE LANE?

483 BEEHIVE LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 483 on BEEHIVE LANE.