BRAMLEY LODGE, BRIDGEMARSH LANE, ALTHORNE, CHELMSFORD, CM3 6DQ - £190,000

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

BRAMLEY LODGE is a very large detached house of 274m², built sometime between 1996 and 2002. It was last sold for £190,000 in September 1997, which was around 75% above the average September 1997 detached price in the Maldon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

BRAMLEY LODGE Sold Prices

Land registry data shows two sales for BRAMLEY LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two BRAMLEY LODGE 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
1997 26 SEP	£190,000	£108,479	75% above HPI
1996 14 AUG	£64,000	£95,292	33% below HPI

BRAMLEY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two BRAMLEY LODGE sales from August 1996 and September 1997 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 August 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 1997 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is BRAMLEY LODGE?

BRAMLEY LODGE is 274m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses by size in Althorne, and where BRAMLEY LODGE lies on this distribution: 91% of detached houses are smaller than BRAMLEY LODGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Althorne.

BRAMLEY LODGE: Plot and Title Map

BRAMLEY LODGE sits on a plot of roughly 0.521 of an acre, or 2,109m². The below map shows the location of BRAMLEY LODGE, 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 BRAMLEY LODGE). 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 BRAMLEY LODGE?

BRAMLEY LODGE is located on BRIDGEMARSH LANE in ALTHORNE, in the CM3 postcode district. The below map shows the position of BRAMLEY LODGE on BRIDGEMARSH LANE.