5, MANDEVILLE WAY, BROOMFIELD, CHELMSFORD, CM1 7HN - £455,000

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 MANDEVILLE WAY is a large detached house of 134m², built sometime between 1976 and 1982. It was last sold for £455,000 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 April 2015, where the current energy rating was C, and the potential energy rating was B.

5 MANDEVILLE WAY Sold Prices

Land registry data shows three sales for 5 MANDEVILLE WAY 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 5 MANDEVILLE WAY 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 15 OCT	£455,000	£492,136	8% below HPI
2004 6 DEC	£272,500	£324,566	16% below HPI
1998 27 FEB	£130,000	£133,722	3% below HPI

5 MANDEVILLE WAY 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 5 MANDEVILLE WAY sales between February 1998 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 December 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% 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 5 MANDEVILLE WAY?

5 MANDEVILLE WAY is 134m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 5 MANDEVILLE WAY lies on this distribution: 63% of detached houses are smaller than 5 MANDEVILLE WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

5 MANDEVILLE WAY: Plot and Title Map

5 MANDEVILLE WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 MANDEVILLE WAY, 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 MANDEVILLE WAY). 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 MANDEVILLE WAY?

5 MANDEVILLE WAY is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 5 on MANDEVILLE WAY.