76, SCHOOL LANE, BROOMFIELD, CHELMSFORD, CM1 7DS - £700,000

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

76 SCHOOL LANE is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £700,000 in September 2019, which was around 19% above the average September 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

76 SCHOOL LANE Sold Prices

Land registry data shows two sales for 76 SCHOOL 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 76 SCHOOL 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
2019 20 SEP	£700,000	£590,218	19% above HPI
2001 22 OCT	£244,000	£216,071	13% above HPI

76 SCHOOL 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 76 SCHOOL LANE sales from October 2001 and September 2019 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 October 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 76 SCHOOL LANE?

76 SCHOOL LANE is 142m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 76 SCHOOL LANE lies on this distribution: 71% of detached houses are smaller than 76 SCHOOL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

76 SCHOOL LANE: Plot and Title Map

76 SCHOOL LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 76 SCHOOL 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 76 SCHOOL 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 76 SCHOOL LANE?

76 SCHOOL LANE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 76 on SCHOOL LANE.