6, GREY LADYS, CHELMSFORD, CM2 8RB - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 GREY LADYS is a small detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £584,714. It was last sold for £575,000 in July 2024, which was around 12% below the average July 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

6 GREY LADYS Sold Prices

Land registry data shows two sales for 6 GREY LADYS 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 6 GREY LADYS 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
2024 18 JUL	£575,000	£654,445	12% below HPI
2020 11 SEP	£505,000	£597,963	16% below HPI

6 GREY LADYS 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 6 GREY LADYS sales from September 2020 and July 2024 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 September 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 GREY LADYS be worth now?

6 GREY LADYS might now be worth an estimated £584,714.

This is based on house price inflation of 1.7%, between July 2024 and February 2025, 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 1.7% inflationary increase is applied to the most recent sale price for 6 GREY LADYS of £575,000 on 18th July 2024. For the value to have increased from £575,000 to £584,714 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 6 GREY LADYS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2024 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 6 GREY LADYS has not materially changed since July 2024.

How Large is 6 GREY LADYS?

6 GREY LADYS is 116m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galleywood, and where 6 GREY LADYS lies on this distribution: 36% of detached houses houses are smaller than 6 GREY LADYS, and 63% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

6 GREY LADYS: Plot and Title Map

6 GREY LADYS sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 6 GREY LADYS, 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 6 GREY LADYS). 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 6 GREY LADYS?

6 GREY LADYS is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 6 on GREY LADYS.