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
LAUREL COTTAGE is a very large detached house of 158m², built sometime before 1900. It was last sold for £590,000 in October 2017, which was around 5% above the average October 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows three sales for LAUREL COTTAGE since 1st 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 LAUREL COTTAGE 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 |
---|---|---|---|
2017 30 OCT | £590,000 | £559,243 | 5% above HPI |
2000 5 DEC | £220,000 | £195,389 | 13% above HPI |
1999 15 JUN | £202,500 | £148,079 | 37% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three LAUREL COTTAGE sales between June 1999 and October 2017 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 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
LAUREL COTTAGE is 158m² according to the EPC inspection conducted in February 2010. This puts it in the largest 20% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where LAUREL COTTAGE lies on this distribution: 84% of detached houses are smaller than LAUREL COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Galleywood.
LAUREL COTTAGE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of LAUREL COTTAGE, 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 LAUREL COTTAGE). 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.
LAUREL COTTAGE is located on STOCK ROAD in CHELMSFORD, in the CM2 postcode district. The below map shows the position of LAUREL COTTAGE on STOCK ROAD.