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

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 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 16% 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	£592,899	16% above HPI
2010 5 MAR	£427,000	£358,927	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where 5 GLOVERS lies on this distribution: 64% of detached 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.