90, SCHOOL LANE, BROOMFIELD, CHELMSFORD, CM1 7DS - £560,000

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

90 SCHOOL LANE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £560,000 in June 2021, which was around 6% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

90 SCHOOL LANE Sold Prices

Land registry data shows two sales for 90 SCHOOL 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. One of the two 90 SCHOOL LANE sales was for below the average price, whilst the other was 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
2021 25 JUN	£560,000	£592,899	6% below HPI
2000 8 MAY	£215,000	£178,874	20% above HPI

90 SCHOOL 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 90 SCHOOL LANE sales from May 2000 and June 2021 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 May 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 90 SCHOOL LANE?

90 SCHOOL LANE is 100m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 90 SCHOOL LANE lies on this distribution: 25% of detached houses are smaller than 90 SCHOOL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

90 SCHOOL LANE: Plot and Title Map

90 SCHOOL LANE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 90 SCHOOL 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 90 SCHOOL 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 90 SCHOOL LANE?

90 SCHOOL LANE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 90 on SCHOOL LANE.