MILL SIDE, THE TYE, EAST HANNINGFIELD, CHELMSFORD, CM3 8AE - £610,000

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

MILL SIDE is a midsized extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £610,000 in April 2017, which was around 10% above the average April 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

MILL SIDE Sold Prices

Land registry data shows three sales for MILL SIDE since 1^st 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 MILL SIDE 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 21 APR	£610,000	£555,229	10% above HPI
2003 27 FEB	£329,950	£284,764	16% above HPI
1998 13 MAR	£195,000	£134,692	45% above HPI

MILL SIDE 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 three MILL SIDE sales between March 1998 and April 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is MILL SIDE?

MILL SIDE is 139m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 MILL SIDE lies on this distribution: 48% of detached houses are smaller than MILL SIDE, and 52% of houses are larger. Note that EPC data is not available for all properties in East Hanningfield.

MILL SIDE: Plot and Title Map

MILL SIDE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of MILL SIDE, 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 MILL SIDE). 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 MILL SIDE?

MILL SIDE is located on THE TYE in EAST HANNINGFIELD, in the CM3 postcode district. The below map shows the position of MILL SIDE on THE TYE.