PEMBROKE, MAIN ROAD, HOWE STREET, CHELMSFORD, CM3 1BG - £510,000

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

PEMBROKE is a small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £510,000 in March 2021, which was around 15% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

PEMBROKE Sold Prices

Land registry data shows two sales for PEMBROKE 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 PEMBROKE sales were for below 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
2021 5 MAR	£510,000	£598,971	15% below HPI
2019 9 MAY	£440,000	£593,093	26% below HPI

PEMBROKE 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 PEMBROKE sales from May 2019 and March 2021 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 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is PEMBROKE?

PEMBROKE is 99m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Howe Street, based on EPC data. The below chart shows the distribution of detached houses by size in Howe Street, and where PEMBROKE lies on this distribution: 23% of detached houses are smaller than PEMBROKE, and 77% of houses are larger. Note that EPC data is not available for all properties in Howe Street.

PEMBROKE: Plot and Title Map

PEMBROKE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of PEMBROKE, 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 PEMBROKE). 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 PEMBROKE?

PEMBROKE is located on MAIN ROAD in HOWE STREET, in the CM3 postcode district. The below map shows the position of PEMBROKE on MAIN ROAD.