65, COVAL LANE, CHELMSFORD, CM1 1TG - £635,000

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

65 COVAL LANE is a large extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £635,000 in September 2016, which was around 18% above the average September 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was C.

65 COVAL LANE Sold Prices

Land registry data shows four sales for 65 COVAL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Most of the four 65 COVAL LANE 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
2016 8 SEP	£635,000	£540,296	18% above HPI
2005 26 AUG	£315,000	£331,894	5% below HPI
2001 19 NOV	£247,500	£216,732	14% above HPI
1999 19 MAY	£179,950	£146,756	23% above HPI

65 COVAL 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 four 65 COVAL LANE sales between May 1999 and September 2016 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 August 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 65 COVAL LANE?

65 COVAL LANE is 145m², which includes four extensions, according to the EPC inspection conducted in January 2013. 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 65 COVAL LANE lies on this distribution: 70% of detached houses are smaller than 65 COVAL LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

65 COVAL LANE: Plot and Title Map

65 COVAL LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 65 COVAL 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 65 COVAL 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 65 COVAL LANE?

65 COVAL LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 65 on COVAL LANE.