74, LONGACRE, CHELMSFORD, CM1 3BJ - £300,000

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

74 LONGACRE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £300,000 in April 2017, which was around 46% below the average April 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

74 LONGACRE Sold Prices

Land registry data shows two sales for 74 LONGACRE 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 74 LONGACRE 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
2017 6 APR	£300,000	£555,229	46% below HPI
2006 6 JAN	£234,000	£325,643	28% below HPI

74 LONGACRE 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 74 LONGACRE sales from January 2006 and April 2017 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 January 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2017 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 74 LONGACRE?

74 LONGACRE is 95m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 74 LONGACRE lies on this distribution: 24% of detached houses are smaller than 74 LONGACRE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

74 LONGACRE: Plot and Title Map

74 LONGACRE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 74 LONGACRE, 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 74 LONGACRE). 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 74 LONGACRE?

74 LONGACRE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 74 on LONGACRE.