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
SPRUCE HOUSE is a large detached house of 151m², built sometime from 2007 onwards. It was last sold for £460,000 in March 2019, which was around 22% below the average March 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for SPRUCE HOUSE since 1st 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 SPRUCE HOUSE 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 |
---|---|---|---|
2019 22 MAR | £460,000 | £589,121 | 22% below HPI |
2009 15 OCT | £330,000 | £352,099 | 6% below HPI |
2008 15 FEB | £382,000 | £384,259 | 1% below HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three SPRUCE HOUSE sales between February 2008 and March 2019 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 October 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
SPRUCE HOUSE is 151m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where SPRUCE HOUSE lies on this distribution: 73% of detached houses are smaller than SPRUCE HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
SPRUCE HOUSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of SPRUCE HOUSE, 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 SPRUCE HOUSE). 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.
SPRUCE HOUSE is located on THE BRINGEY in GREAT BADDOW, in the CM2 postcode district. The below map shows the position of SPRUCE HOUSE on THE BRINGEY.