LONGREACH, THE COMMON, EAST HANNINGFIELD, CHELMSFORD, CM3 8AQ - £910,000

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

LONGREACH is a very large extended detached house of 280m², built sometime between 1950 and 1966. It was last sold for £910,000 in January 2024, which was around 39% above the average January 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

LONGREACH Sold Prices

Land registry data shows two sales for LONGREACH 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 LONGREACH 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
2024 5 JAN	£910,000	£654,816	39% above HPI
2007 16 FEB	£355,000	£350,299	1% above HPI

LONGREACH 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 LONGREACH sales from February 2007 and January 2024 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2024 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is LONGREACH?

LONGREACH is 280m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in East Hanningfield, based on EPC data. The below chart shows the distribution of detached houses by size in East Hanningfield, and where LONGREACH lies on this distribution: 97% of detached houses are smaller than LONGREACH, and 3% of houses are larger. Note that EPC data is not available for all properties in East Hanningfield.

LONGREACH: Plot and Title Map

LONGREACH sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of LONGREACH, 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 LONGREACH). 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 LONGREACH?

LONGREACH is located on THE COMMON in EAST HANNINGFIELD, in the CM3 postcode district. The below map shows the position of LONGREACH on THE COMMON.