BARNARDS, THE STREET, GALLEYWOOD, CHELMSFORD, CM2 8QN - £525,000

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

BARNARDS is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £525,000 in March 2021, which was around 12% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

BARNARDS Sold Prices

Land registry data shows two sales for BARNARDS 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 BARNARDS 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 15 MAR	£525,000	£598,971	12% below HPI
1996 15 JUL	£135,000	£105,775	28% above HPI

BARNARDS 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 BARNARDS sales from July 1996 and March 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 July 1996 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is BARNARDS?

BARNARDS is 100m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where BARNARDS lies on this distribution: 21% of detached houses are smaller than BARNARDS, and 78% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

BARNARDS: Plot and Title Map

BARNARDS sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of BARNARDS, 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 BARNARDS). 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 BARNARDS?

BARNARDS is located on THE STREET in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of BARNARDS on THE STREET.