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
6 HOMELANDS GROVE is a small extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £613,750 in November 2018, which was around 6% above the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 6 HOMELANDS GROVE since 1st 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. Two of the three 6 HOMELANDS GROVE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2018 23 NOV | £613,750 | £577,768 | 6% above HPI |
2004 24 FEB | £295,000 | £306,460 | 4% below HPI |
1996 25 OCT | £122,500 | £110,413 | 11% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 6 HOMELANDS GROVE sales between October 1996 and November 2018 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 February 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
6 HOMELANDS GROVE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where 6 HOMELANDS GROVE lies on this distribution: 26% of detached houses are smaller than 6 HOMELANDS GROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.
6 HOMELANDS GROVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 6 HOMELANDS GROVE, 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 HOMELANDS GROVE). 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.
6 HOMELANDS GROVE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 6 on HOMELANDS GROVE.