5, ARAGON ROAD, GREAT LEIGHS, CHELMSFORD, CM3 1RP - £465,000

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

5 ARAGON ROAD is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £465,000 in February 2021, which was around 23% below the average February 2021 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.

5 ARAGON ROAD Sold Prices

Land registry data shows two sales for 5 ARAGON ROAD 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 5 ARAGON ROAD 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
2021 19 FEB	£465,000	£603,114	23% below HPI
2014 28 AUG	£300,000	£435,105	31% below HPI

5 ARAGON ROAD 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 5 ARAGON ROAD sales from August 2014 and February 2021 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 ARAGON ROAD?

5 ARAGON ROAD is 119m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where 5 ARAGON ROAD lies on this distribution: 45% of detached houses are smaller than 5 ARAGON ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

5 ARAGON ROAD: Plot and Title Map

5 ARAGON ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 5 ARAGON 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 5 ARAGON 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.

Where is 5 ARAGON ROAD?

5 ARAGON ROAD is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 5 on ARAGON ROAD.