81, LADY LANE, CHELMSFORD, CM2 0TH - £287,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

81 LADY LANE is a very small detached house of 82m², built sometime between 1900 and 1929. It was last sold for £287,500 in January 2014, which was around 28% below the average January 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was C.

81 LADY LANE Sold Prices

Land registry data shows four sales for 81 LADY LANE 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 81 LADY 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
2014 31 JAN	£287,500	£399,419	28% below HPI
2011 26 SEP	£265,000	£366,459	28% below HPI
2007 7 DEC	£270,000	£386,970	30% below HPI
2005 23 SEP	£238,000	£328,556	28% below HPI

81 LADY 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 four 81 LADY LANE sales between September 2005 and January 2014 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 September 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2014 sale, which was also at 28% below the HPI.

How Large is 81 LADY LANE?

81 LADY LANE is 82m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 81 LADY LANE lies on this distribution: 12% of detached houses are smaller than 81 LADY LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

81 LADY LANE: Plot and Title Map

81 LADY LANE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 81 LADY 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 81 LADY 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 81 LADY LANE?

81 LADY LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 81 on LADY LANE.