CEDARS, LUCKS LANE, HOWE STREET, CHELMSFORD, CM3 1BW - £720,000

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

CEDARS is a midsized detached house of 140m², built sometime between 1983 and 1990. It was last sold for £720,000 in April 2024, which was around 9% above the average April 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

CEDARS Sold Prices

Land registry data shows two sales for CEDARS 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 CEDARS 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
2024 19 APR	£720,000	£660,001	9% above HPI
2010 26 FEB	£395,000	£354,375	11% above HPI

CEDARS 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 CEDARS sales from February 2010 and April 2024 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 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is CEDARS?

CEDARS is 140m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Howe Street, based on EPC data. The below chart shows the distribution of detached houses by size in Howe Street, and where CEDARS lies on this distribution: 46% of detached houses are smaller than CEDARS, and 54% of houses are larger. Note that EPC data is not available for all properties in Howe Street.

CEDARS: Plot and Title Map

CEDARS sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of CEDARS, 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 CEDARS). 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 CEDARS?

CEDARS is located on LUCKS LANE in HOWE STREET, in the CM3 postcode district. The below map shows the position of CEDARS on LUCKS LANE.