HIGHFIELDS, LODGE LANE, PURLEIGH, CHELMSFORD, CM3 6PW - £745,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HIGHFIELDS is a large detached house of 198m², built sometime between 1991 and 1995, which could now be worth an estimated £923,735. It was last sold for £745,000 in December 2016, which was around 63% above the average December 2016 detached price in the Maldon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

HIGHFIELDS Sold Prices

Land registry data shows two sales for HIGHFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two HIGHFIELDS 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
2016 8 DEC	£745,000	£456,563	63% above HPI
1997 21 FEB	£275,000	£96,378	185% above HPI

HIGHFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two HIGHFIELDS sales from February 1997 and December 2016 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 1997 sale was for 185% above the HPI. So the extrapolation line tracks at 185% above the HPI over time, until the December 2016 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might HIGHFIELDS be worth now?

HIGHFIELDS might now be worth an estimated £923,735.

This is based on house price inflation of 24%, between December 2016 and December 2024, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for HIGHFIELDS of £745,000 on 8th December 2016. For the value to have increased from £745,000 to £923,735 over the eight years to December 2024, the following assumptions must hold true:

• The value of HIGHFIELDS has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2016 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELDS has not materially changed since December 2016.

How Large is HIGHFIELDS?

HIGHFIELDS is 198m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Purleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purleigh, and where HIGHFIELDS lies on this distribution: 74% of detached houses houses are smaller than HIGHFIELDS, and 26% of houses are larger. Note that EPC data is not available for all properties in Purleigh.

HIGHFIELDS: Plot and Title Map

HIGHFIELDS sits on a plot of roughly 0.384 of an acre, or 1,553m². The below map shows the location of HIGHFIELDS, 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 HIGHFIELDS). 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 HIGHFIELDS?

HIGHFIELDS is located on LODGE LANE in PURLEIGH, in the CM3 postcode district. The below map shows the position of HIGHFIELDS on LODGE LANE.