REDBRICKS, MAIN ROAD, HOWE STREET, CHELMSFORD, CM3 1BG - £487,500

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

REDBRICKS is a very large extended detached house of 189m², built sometime between 1967 and 1975. It was last sold for £487,500 in April 2012, which was around 32% above the average April 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

REDBRICKS Sold Prices

Land registry data shows two sales for REDBRICKS 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 REDBRICKS 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
2012 3 APR	£487,500	£370,284	32% above HPI
1995 31 MAR	£175,000	£106,313	65% above HPI

REDBRICKS 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 REDBRICKS sales from March 1995 and April 2012 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 March 1995 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2012 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is REDBRICKS?

REDBRICKS is 189m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 20% 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 REDBRICKS lies on this distribution: 81% of detached houses are smaller than REDBRICKS, and 19% of houses are larger. Note that EPC data is not available for all properties in Howe Street.

REDBRICKS: Plot and Title Map

REDBRICKS sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of REDBRICKS, 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 REDBRICKS). 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 REDBRICKS?

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