GING HOUSE, WANTZ ROAD, MARGARETTING, INGATESTONE, CM4 0EP - £2,250,000

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

GING HOUSE is a large extended detached house of 228m², built sometime between 1930 and 1949. It was last sold for £2,250,000 in September 2022, which was around 227% above the average September 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

GING HOUSE Sold Prices

Land registry data shows two sales for GING HOUSE 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 GING HOUSE 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
2022 28 SEP	£2,250,000	£687,833	227% above HPI
2012 20 JUL	£1,215,000	£380,944	219% above HPI

GING HOUSE 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 GING HOUSE sales from July 2012 and September 2022 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 July 2012 sale was for 219% above the HPI. So the extrapolation line tracks at 219% above the HPI over time, until the September 2022 sale, where it rises to 227% above the HPI. The line then continues to track at 227% above the HPI.

How Large is GING HOUSE?

GING HOUSE is 228m², which includes three extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 30% of detached houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses by size in Margaretting, and where GING HOUSE lies on this distribution: 73% of detached houses are smaller than GING HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Margaretting.

GING HOUSE: Plot and Title Map

GING HOUSE sits on a plot of roughly 1.6 acres, or 6,454m². The below map shows the location of GING HOUSE, 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 GING HOUSE). 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 GING HOUSE?

GING HOUSE is located on WANTZ ROAD in MARGARETTING, in the CM4 postcode district. The below map shows the position of GING HOUSE on WANTZ ROAD.