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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BROOKLANDS is a very large detached house of 275m², built in 2022, which could now be worth an estimated £1,283,136. It was last sold for £845,000 in August 2014, which was around 92% 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	£439,744	92% above HPI
2002 11 OCT	£495,000	£268,144	85% above HPI
1997 30 JAN	£235,000	£111,072	112% 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 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2014 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might BROOKLANDS be worth now?

BROOKLANDS might now be worth an estimated £1,283,136.

This is based on house price inflation of 51.9%, between August 2014 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.9% inflationary increase is applied to the most recent sale price for BROOKLANDS of £845,000 on 13th August 2014. For the value to have increased from £845,000 to £1,283,136 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of BROOKLANDS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2014 sale price of £845,000 represented a fair market value for the property.
• The size, condition, and specification of BROOKLANDS has not materially changed since August 2014.

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 houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses houses by size in Margaretting, and where BROOKLANDS lies on this distribution: 92% of detached houses 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.