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
86 MAIN ROAD is a midsized extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £482,500 in November 2017, which was around 14% below the average November 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was G, and the potential energy rating was E.
Land registry data shows three sales for 86 MAIN ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 86 MAIN ROAD 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 |
---|---|---|---|
2017 6 NOV | £482,500 | £557,954 | 14% below HPI |
2005 14 OCT | £300,000 | £329,442 | 9% below HPI |
1997 14 NOV | £114,750 | £130,372 | 12% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 86 MAIN ROAD sales between November 1997 and November 2017 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 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
86 MAIN ROAD is 138m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where 86 MAIN ROAD lies on this distribution: 59% of detached houses are smaller than 86 MAIN ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.
86 MAIN ROAD sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of 86 MAIN ROAD, 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 86 MAIN ROAD). 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.
86 MAIN ROAD is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 86 on MAIN ROAD.