BROOKLANDS, PENNYS LANE, MARGARETTING, INGATESTONE, CM4 0HA - £845,000

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

BROOKLANDS is a very large detached house of 275m², built in 2022. It was last sold for £845,000 in August 2014, which was around 94% above the average August 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.

BROOKLANDS Sold Prices

Land registry data shows three sales for BROOKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three BROOKLANDS 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
2014 13 AUG	£845,000	£435,105	94% above HPI
2002 11 OCT	£495,000	£265,315	87% above HPI
1997 30 JAN	£235,000	£109,901	114% above HPI

BROOKLANDS 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 three BROOKLANDS sales between January 1997 and August 2014 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 October 2002 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the August 2014 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is BROOKLANDS?

BROOKLANDS is 275m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses by size in Margaretting, and where BROOKLANDS lies on this distribution: 92% of detached houses are smaller than BROOKLANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Margaretting.

BROOKLANDS: Plot and Title Map

BROOKLANDS sits on a plot of roughly 0.993 of an acre, or 4,018m². The below map shows the location of BROOKLANDS, 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 BROOKLANDS). 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 BROOKLANDS?

BROOKLANDS is located on PENNYS LANE in MARGARETTING, in the CM4 postcode district. The below map shows the position of BROOKLANDS on PENNYS LANE.