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
73 ARBOUR LANE is a very large detached house of 298m², built sometime between 2003 and 2006. It was last sold for £554,500 in March 2006, which was around 67% above the average March 2006 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 73 ARBOUR LANE since 1st 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 73 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 |
---|---|---|---|
2006 22 MAR | £554,500 | £331,825 | 67% above HPI |
2000 15 NOV | £139,995 | £197,390 | 29% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 73 ARBOUR LANE sales from November 2000 and March 2006 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 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2006 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.
73 ARBOUR LANE is 298m² according to the EPC inspection conducted in May 2024. This puts it in the largest 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 73 ARBOUR LANE lies on this distribution: 99% of detached houses are smaller than 73 ARBOUR LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
73 ARBOUR LANE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 73 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 73 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.
73 ARBOUR LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 73 on ARBOUR LANE.