97, LADY LANE, CHELMSFORD, CM2 0TJ - £320,000

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

97 LADY LANE is a small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £320,000 in October 2015, which was around 35% below the average October 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was B.

97 LADY LANE Sold Prices

Land registry data shows two sales for 97 LADY 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 97 LADY LANE 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
2015 26 OCT	£320,000	£492,136	35% below HPI
1995 28 JUN	£59,995	£103,339	42% below HPI

97 LADY 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 97 LADY LANE sales from June 1995 and October 2015 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 June 1995 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 97 LADY LANE?

97 LADY LANE is 94m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 97 LADY LANE lies on this distribution: 22% of detached houses are smaller than 97 LADY LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

97 LADY LANE: Plot and Title Map

97 LADY LANE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 97 LADY 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 97 LADY 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 97 LADY LANE?

97 LADY LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 97 on LADY LANE.