84, PARK LANE, RAMSDEN HEATH, BILLERICAY, CM11 1NH - £665,000

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

84 PARK LANE is a large extended detached house of 196m², built sometime between 1967 and 1975. It was last sold for £665,000 in October 2011, which was around 81% above the average October 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

84 PARK LANE Sold Prices

Land registry data shows two sales for 84 PARK 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 84 PARK 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
2011 4 OCT	£665,000	£366,449	81% above HPI
2005 14 JUL	£435,000	£329,709	32% above HPI

84 PARK 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 84 PARK LANE sales from July 2005 and October 2011 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 July 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2011 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 84 PARK LANE?

84 PARK LANE is 196m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where 84 PARK LANE lies on this distribution: 78% of detached houses are smaller than 84 PARK LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

84 PARK LANE: Plot and Title Map

84 PARK LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 84 PARK 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 84 PARK 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 84 PARK LANE?

84 PARK LANE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 84 on PARK LANE.