SHERINGHAM, BIRCHES WALK, GALLEYWOOD, CHELMSFORD, CM2 8TZ - £540,000

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

SHERINGHAM is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £540,000 in May 2021, which was around 8% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

SHERINGHAM Sold Prices

Land registry data shows two sales for SHERINGHAM 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 SHERINGHAM 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 28 MAY	£540,000	£587,540	8% below HPI
2020 22 SEP	£485,000	£591,655	18% below HPI

SHERINGHAM 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 SHERINGHAM sales from September 2020 and May 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 September 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is SHERINGHAM?

SHERINGHAM is 129m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where SHERINGHAM lies on this distribution: 55% of detached houses are smaller than SHERINGHAM, and 44% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

SHERINGHAM: Plot and Title Map

SHERINGHAM sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of SHERINGHAM, 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 SHERINGHAM). 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 SHERINGHAM?

SHERINGHAM is located on BIRCHES WALK in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of SHERINGHAM on BIRCHES WALK.