5, GLOVERS, GREAT LEIGHS, CHELMSFORD, CM3 1PY - £685,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 GLOVERS is a large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £685,000 in June 2021, which was around 14% above the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

5 GLOVERS Sold Prices

Land registry data shows two sales for 5 GLOVERS 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 GLOVERS sales 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
2021 15 JUN	£685,000	£599,220	14% above HPI
2010 5 MAR	£427,000	£362,753	18% above HPI

5 GLOVERS 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 GLOVERS sales from March 2010 and June 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 March 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 GLOVERS be worth now?

5 GLOVERS might now be worth an estimated £763,344.

This is based on house price inflation of 11.4%, between June 2021 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for 5 GLOVERS of £685,000 on 15th June 2021. For the value to have increased from £685,000 to £763,344 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 5 GLOVERS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GLOVERS has not materially changed since June 2021.

How Large is 5 GLOVERS?

5 GLOVERS is 146m² according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Leighs, and where 5 GLOVERS lies on this distribution: 64% of detached houses houses are smaller than 5 GLOVERS, and 36% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

5 GLOVERS: Plot and Title Map

5 GLOVERS sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 5 GLOVERS, 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 GLOVERS). 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 GLOVERS?

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