8, ALDERBURY LEA, BICKNACRE, CHELMSFORD, CM3 4XQ - £303,000

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

8 ALDERBURY LEA is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £303,000 in November 2018, which was around 48% below the average November 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

8 ALDERBURY LEA Sold Prices

Land registry data shows four sales for 8 ALDERBURY LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 8 ALDERBURY LEA 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
2018 9 NOV	£303,000	£577,768	48% below HPI
2013 25 JAN	£199,995	£380,312	47% below HPI
2001 27 NOV	£105,000	£216,732	52% below HPI
1998 16 JUN	£73,950	£137,353	46% below HPI

8 ALDERBURY LEA 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 four 8 ALDERBURY LEA sales between June 1998 and November 2018 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 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 ALDERBURY LEA?

8 ALDERBURY LEA is 75m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 8 ALDERBURY LEA lies on this distribution: 5% of detached houses are smaller than 8 ALDERBURY LEA, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

8 ALDERBURY LEA: Plot and Title Map

8 ALDERBURY LEA sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 8 ALDERBURY LEA, 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 8 ALDERBURY LEA). 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 8 ALDERBURY LEA?

8 ALDERBURY LEA is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 8 on ALDERBURY LEA.