88, KEENE WAY, CHELMSFORD, CM2 8NR - £400,000

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

88 KEENE WAY is a very large detached house of 160m², built sometime between 1983 and 1990. It was last sold for £400,000 in September 2011, which was around 9% above the average September 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

88 KEENE WAY Sold Prices

Land registry data shows two sales for 88 KEENE WAY 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. One of the two 88 KEENE WAY sales was for above the average price, whilst the other was 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
2011 15 SEP	£400,000	£366,459	9% above HPI
2005 15 APR	£307,000	£320,173	4% below HPI

88 KEENE WAY 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 88 KEENE WAY sales from April 2005 and September 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 April 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2011 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 88 KEENE WAY?

88 KEENE WAY is 160m² according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 88 KEENE WAY lies on this distribution: 85% of detached houses are smaller than 88 KEENE WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

88 KEENE WAY: Plot and Title Map

88 KEENE WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 88 KEENE WAY, 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 88 KEENE WAY). 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 88 KEENE WAY?

88 KEENE WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 88 on KEENE WAY.