5, PYNE GATE, GALLEYWOOD, CHELMSFORD, CM2 8QG - £570,000

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

5 PYNE GATE is a small extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £570,000 in November 2015, which was around 15% above the average November 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

5 PYNE GATE Sold Prices

Land registry data shows two sales for 5 PYNE GATE 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 PYNE GATE 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
2015 19 NOV	£570,000	£496,541	15% above HPI
2006 20 APR	£345,000	£334,679	3% above HPI

5 PYNE GATE 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 PYNE GATE sales from April 2006 and November 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 April 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 PYNE GATE?

5 PYNE GATE is 114m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 5 PYNE GATE lies on this distribution: 35% of detached houses are smaller than 5 PYNE GATE, and 65% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

5 PYNE GATE: Plot and Title Map

5 PYNE GATE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 5 PYNE GATE, 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 PYNE GATE). 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 PYNE GATE?

5 PYNE GATE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 5 on PYNE GATE.