LE CORBIERE, MAIN ROAD, BOREHAM, CHELMSFORD, CM3 3JG - £415,000

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

LE CORBIERE is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £415,000 in October 2017, which was around 26% below the average October 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

LE CORBIERE Sold Prices

Land registry data shows two sales for LE CORBIERE 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 LE CORBIERE sales were for below 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 26 OCT	£415,000	£559,243	26% below HPI
2002 4 FEB	£179,950	£222,489	19% below HPI

LE CORBIERE 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 LE CORBIERE sales from February 2002 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 February 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is LE CORBIERE?

LE CORBIERE is 89m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where LE CORBIERE lies on this distribution: 23% of detached houses are smaller than LE CORBIERE, and 76% of houses are larger. Note that EPC data is not available for all properties in Boreham.

LE CORBIERE: Plot and Title Map

LE CORBIERE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of LE CORBIERE, 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 LE CORBIERE). 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 LE CORBIERE?

LE CORBIERE is located on MAIN ROAD in BOREHAM, in the CM3 postcode district. The below map shows the position of LE CORBIERE on MAIN ROAD.