BROAD OAKS, STUMP LANE, CHELMSFORD, CM1 7SJ - £1,250,000

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

BROAD OAKS is a very large extended detached house of 273m², built sometime between 1930 and 1949. It was last sold for £1,250,000 in September 2019, which was around 112% above the average September 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

BROAD OAKS Sold Prices

Land registry data shows two sales for BROAD OAKS 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 BROAD OAKS sales were 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
2019 17 SEP	£1,250,000	£590,218	112% above HPI
2004 11 FEB	£570,000	£306,460	86% above HPI

BROAD OAKS 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 BROAD OAKS sales from February 2004 and September 2019 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 February 2004 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the September 2019 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is BROAD OAKS?

BROAD OAKS is 273m², which includes four extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where BROAD OAKS lies on this distribution: 98% of detached houses are smaller than BROAD OAKS, and 2% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

BROAD OAKS: Plot and Title Map

BROAD OAKS sits on a plot of roughly 0.288 of an acre, or 1,165m². The below map shows the location of BROAD OAKS, 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 BROAD OAKS). 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 BROAD OAKS?

BROAD OAKS is located on STUMP LANE in CHELMSFORD, in the CM1 postcode district. The below map shows the position of BROAD OAKS on STUMP LANE.