75A, COVAL LANE, CHELMSFORD, CM1 1TG - £459,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

75A COVAL LANE is a very small detached house of 76m², which could now be worth an estimated £440,545. It was last sold for £459,995 in October 2022, which was around 34% below the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

75A COVAL LANE Sold Prices

Land registry data shows two sales for 75A COVAL 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 75A COVAL LANE 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
2022 11 OCT	£459,995	£694,883	34% below HPI
2019 18 APR	£395,000	£596,161	34% below HPI

75A 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 two 75A COVAL LANE sales from April 2019 and October 2022 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 April 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2022 sale, which was also at 34% below the HPI.

What might 75A COVAL LANE be worth now?

75A COVAL LANE might now be worth an estimated £440,545.

This is based on house price deflation of 4.2%, between October 2022 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% deflationary decrease is applied to the most recent sale price for 75A COVAL LANE of £459,995 on 11th October 2022. For the value to have decreased from £459,995 to £440,545 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 75A COVAL LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2022 sale price of £459,995 represented a fair market value for the property.
• The size, condition, and specification of 75A COVAL LANE has not materially changed since October 2022.

How Large is 75A COVAL LANE?

75A COVAL LANE is 76m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 75A COVAL LANE lies on this distribution: 8% of detached houses houses are smaller than 75A COVAL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

75A COVAL LANE: Plot and Title Map

75A COVAL LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 75A 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 75A 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 75A COVAL LANE?

75A COVAL LANE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 75A on COVAL LANE.