LONG MEADOW, PENNYS LANE, MARGARETTING, INGATESTONE, CM4 0HA - £1,000,000

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

LONG MEADOW is a midsized detached house of 169m². It was last sold for £1,000,000 in February 2010, which was around 182% above the average February 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

LONG MEADOW Sold Prices

Land registry data shows two sales for LONG MEADOW 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 LONG MEADOW 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
2010 10 FEB	£1,000,000	£354,375	182% above HPI
1997 29 AUG	£345,000	£126,702	172% above HPI

LONG MEADOW 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 LONG MEADOW sales from August 1997 and February 2010 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 August 1997 sale was for 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the February 2010 sale, where it rises to 182% above the HPI. The line then continues to track at 182% above the HPI.

How Large is LONG MEADOW?

LONG MEADOW is 169m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses by size in Margaretting, and where LONG MEADOW lies on this distribution: 54% of detached houses are smaller than LONG MEADOW, and 46% of houses are larger. Note that EPC data is not available for all properties in Margaretting.

LONG MEADOW: Plot and Title Map

LONG MEADOW sits on a plot of roughly 1.9 acres, or 7,595m². The below map shows the location of LONG MEADOW, 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 LONG MEADOW). 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 LONG MEADOW?

LONG MEADOW is located on PENNYS LANE in MARGARETTING, in the CM4 postcode district. The below map shows the position of LONG MEADOW on PENNYS LANE.