CARNOY, PUMP LANE, DANBURY, CHELMSFORD, CM3 4JP - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CARNOY is a very small extended detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £603,292. It was last sold for £525,000 in March 2018, which was around 9% below the average March 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

CARNOY Sold Prices

Land registry data shows two sales for CARNOY 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 CARNOY 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
2018 29 MAR	£525,000	£579,136	9% below HPI
1998 29 JAN	£143,000	£134,454	6% above HPI

CARNOY 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 CARNOY sales from January 1998 and March 2018 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 January 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might CARNOY be worth now?

CARNOY might now be worth an estimated £603,292.

This is based on house price inflation of 14.9%, between March 2018 and February 2025, 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 14.9% inflationary increase is applied to the most recent sale price for CARNOY of £525,000 on 29th March 2018. For the value to have increased from £525,000 to £603,292 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of CARNOY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of CARNOY has not materially changed since March 2018.

How Large is CARNOY?

CARNOY is 81m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where CARNOY lies on this distribution: 4% of detached houses houses are smaller than CARNOY, and 96% of houses are larger. Note that EPC data is not available for all properties in Danbury.

CARNOY: Plot and Title Map

CARNOY sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of CARNOY, 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 CARNOY). 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 CARNOY?

CARNOY is located on PUMP LANE in DANBURY, in the CM3 postcode district. The below map shows the position of CARNOY on PUMP LANE.