68, PARK LANE, RAMSDEN HEATH, BILLERICAY, CM11 1NH - £950,000

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

68 PARK LANE is a small detached house of 113m², built sometime between 1996 and 2002. It was last sold for £950,000 in November 2012, which was around 145% above the average November 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

68 PARK LANE Sold Prices

Land registry data shows two sales for 68 PARK 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 68 PARK 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
2012 2 NOV	£950,000	£388,484	145% above HPI
1999 10 NOV	£282,000	£163,282	73% above HPI

68 PARK 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 PARK LANE sales from November 1999 and November 2012 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 November 1999 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 2012 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

How Large is 68 PARK LANE?

68 PARK LANE is 113m² according to the EPC inspection conducted in January 2009. 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 68 PARK LANE lies on this distribution: 21% of detached houses are smaller than 68 PARK LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

68 PARK LANE: Plot and Title Map

68 PARK LANE sits on a plot of roughly 5.9 acres, or 24,013m². The below map shows the location of 68 PARK 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 PARK 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 PARK LANE?

68 PARK LANE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 68 on PARK LANE.