PILGRIMS, MAIN ROAD, MARGARETTING, INGATESTONE, CM4 9HX - £420,000

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

PILGRIMS is a small extended detached house of 136m², built sometime before 1900. It was last sold for £420,000 in October 2013, which was around 5% above the average October 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was D.

PILGRIMS Sold Prices

Land registry data shows two sales for PILGRIMS 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 PILGRIMS 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
2013 21 OCT	£420,000	£398,628	5% above HPI
1999 22 JUN	£195,000	£148,079	32% above HPI

PILGRIMS 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 PILGRIMS sales from June 1999 and October 2013 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 June 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2013 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is PILGRIMS?

PILGRIMS is 136m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% of detached houses in Margaretting, based on EPC data. The below chart shows the distribution of detached houses by size in Margaretting, and where PILGRIMS lies on this distribution: 35% of detached houses are smaller than PILGRIMS, and 65% of houses are larger. Note that EPC data is not available for all properties in Margaretting.

PILGRIMS: Plot and Title Map

PILGRIMS sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of PILGRIMS, 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 PILGRIMS). 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 PILGRIMS?

PILGRIMS is located on MAIN ROAD in MARGARETTING, in the CM4 postcode district. The below map shows the position of PILGRIMS on MAIN ROAD.