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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MILL SIDE is a midsized extended detached house of 139m², built sometime between 1991 and 1995, which could now be worth an estimated £723,436. It was last sold for £610,000 in April 2017, which was around 9% 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	£561,149	9% above HPI
2003 27 FEB	£329,950	£287,800	15% above HPI
1998 13 MAR	£195,000	£136,128	43% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might MILL SIDE be worth now?

MILL SIDE might now be worth an estimated £723,436.

This is based on house price inflation of 18.6%, between April 2017 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for MILL SIDE of £610,000 on 21st April 2017. For the value to have increased from £610,000 to £723,436 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of MILL SIDE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2017 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of MILL SIDE has not materially changed since April 2017.

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 houses in East Hanningfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Hanningfield, and where MILL SIDE lies on this distribution: 46% of detached houses houses are smaller than MILL SIDE, and 54% 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.