MARTINS, BIRCHES WALK, GALLEYWOOD, CHELMSFORD, CM2 8TZ - £690,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

MARTINS is a midsized detached house of 132m², built sometime between 1983 and 1990. It was last sold for £690,000 in September 2017, which was around 23% above the average September 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

MARTINS Sold Prices

Land registry data shows two sales for MARTINS 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 MARTINS 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 28 SEP	£690,000	£562,830	23% above HPI
2013 10 MAY	£435,000	£384,464	13% above HPI

MARTINS 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 MARTINS sales from May 2013 and September 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 May 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is MARTINS?

MARTINS is 132m² according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where MARTINS lies on this distribution: 60% of detached houses are smaller than MARTINS, and 40% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

MARTINS: Plot and Title Map

MARTINS sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of MARTINS, 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 MARTINS). 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 MARTINS?

MARTINS is located on BIRCHES WALK in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of MARTINS on BIRCHES WALK.