FURLONGS, BIRCHES WALK, GALLEYWOOD, CHELMSFORD, CM2 8TZ - £645,000

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

FURLONGS is a midsized detached house of 124m², built sometime between 1976 and 1982. It was last sold for £645,000 in December 2019, which was around 12% above the average December 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

FURLONGS Sold Prices

Land registry data shows three sales for FURLONGS 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 FURLONGS 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
2019 13 DEC	£645,000	£576,424	12% above HPI
2000 17 APR	£235,000	£175,535	34% above HPI
1995 15 AUG	£143,000	£104,798	36% above HPI

FURLONGS 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 FURLONGS sales between August 1995 and December 2019 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 April 2000 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is FURLONGS?

FURLONGS is 124m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where FURLONGS lies on this distribution: 45% of detached houses are smaller than FURLONGS, and 53% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

FURLONGS: Plot and Title Map

FURLONGS sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of FURLONGS, 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 FURLONGS). 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 FURLONGS?

FURLONGS is located on BIRCHES WALK in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of FURLONGS on BIRCHES WALK.