CORNERWAYS, SOUTH STREET, GREAT WALTHAM, CHELMSFORD, CM3 1DG - £420,000

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

CORNERWAYS is a midsized extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £420,000 in September 2014, which was around 5% below the average September 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was D.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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 CORNERWAYS 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
2014 5 SEP	£420,000	£440,884	5% below HPI
1997 12 DEC	£180,000	£132,475	36% above HPI

CORNERWAYS 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 CORNERWAYS sales from December 1997 and September 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 December 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 142m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Great Waltham, based on EPC data. The below chart shows the distribution of detached houses by size in Great Waltham, and where CORNERWAYS lies on this distribution: 54% of detached houses are smaller than CORNERWAYS, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Waltham.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on SOUTH STREET in GREAT WALTHAM, in the CM3 postcode district. The below map shows the position of CORNERWAYS on SOUTH STREET.