68, MILL LANE, DANBURY, CHELMSFORD, CM3 4HY - £452,500

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

68 MILL LANE is a large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £452,500 in November 2014, which was about the average November 2014 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.

68 MILL LANE Sold Prices

Land registry data shows two sales for 68 MILL 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 68 MILL LANE sales was roughly equal to 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
2014 24 NOV	£452,500	£451,928	Close to HPI
1995 15 DEC	£84,000	£103,146	19% below HPI

68 MILL 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 68 MILL LANE sales from December 1995 and November 2014 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 December 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 68 MILL LANE?

68 MILL LANE is 175m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 68 MILL LANE lies on this distribution: 70% of detached houses are smaller than 68 MILL LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Danbury.

68 MILL LANE: Plot and Title Map

68 MILL LANE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 68 MILL 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 68 MILL 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 68 MILL LANE?

68 MILL LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 68 on MILL LANE.