95, WELL LANE, GALLEYWOOD, CHELMSFORD, CM2 8QZ - £352,000

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

95 WELL LANE is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £352,000 in October 2007, which was around 9% below the average October 2007 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

95 WELL LANE Sold Prices

Land registry data shows two sales for 95 WELL 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 95 WELL 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
2007 22 OCT	£352,000	£386,390	9% below HPI
1997 3 SEP	£130,000	£127,426	2% above HPI

95 WELL 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 95 WELL LANE sales from September 1997 and October 2007 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 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 95 WELL LANE?

95 WELL LANE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 95 WELL LANE lies on this distribution: 38% of detached houses are smaller than 95 WELL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

95 WELL LANE: Plot and Title Map

95 WELL LANE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 95 WELL 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 95 WELL 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 95 WELL LANE?

95 WELL LANE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 95 on WELL LANE.