61A, BEEHIVE LANE, CHELMSFORD, CM2 9TQ - £250,000

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

61A BEEHIVE LANE is a very small detached house of 66m², built sometime from 2007 onwards. It was last sold for £250,000 in July 2013, which was around 36% below the average July 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

61A BEEHIVE LANE Sold Prices

Land registry data shows two sales for 61A BEEHIVE 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. Both of the two 61A BEEHIVE LANE 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
2013 8 JUL	£250,000	£387,941	36% below HPI
2010 19 MAY	£240,000	£366,667	35% below HPI

61A BEEHIVE 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 61A BEEHIVE LANE sales from May 2010 and July 2013 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 May 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 61A BEEHIVE LANE?

61A BEEHIVE LANE is 66m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 61A BEEHIVE LANE lies on this distribution: 4% of detached houses are smaller than 61A BEEHIVE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

61A BEEHIVE LANE: Plot and Title Map

61A BEEHIVE LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 61A BEEHIVE 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 61A BEEHIVE 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 61A BEEHIVE LANE?

61A BEEHIVE LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 61A on BEEHIVE LANE.