61, ARBOUR LANE, CHELMSFORD, CM1 7RG - £830,000

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

61 ARBOUR LANE is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £830,000 in November 2023, which was around 25% above the average November 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

61 ARBOUR LANE Sold Prices

Land registry data shows two sales for 61 ARBOUR LANE 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. One of the two 61 ARBOUR LANE sales was for above the average price, whilst the other 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
2023 10 NOV	£830,000	£663,655	25% above HPI
2021 3 MAR	£410,000	£598,971	32% below HPI

61 ARBOUR LANE 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 61 ARBOUR LANE sales from March 2021 and November 2023 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 61 ARBOUR LANE?

61 ARBOUR LANE is 152m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 61 ARBOUR LANE lies on this distribution: 74% of detached houses are smaller than 61 ARBOUR LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

61 ARBOUR LANE: Plot and Title Map

61 ARBOUR LANE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 61 ARBOUR LANE, 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 61 ARBOUR LANE). 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 61 ARBOUR LANE?

61 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 61 on ARBOUR LANE.