STROVE PLACE, MOOR HALL LANE, DANBURY, CHELMSFORD, CM3 4ER - £820,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STROVE PLACE is a very large extended detached house of 270m², built sometime between 1950 and 1966, which could now be worth an estimated £1,082,870. It was last sold for £820,000 in January 2016, which was around 62% above the average January 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was D.

STROVE PLACE Sold Prices

Land registry data shows two sales for STROVE PLACE 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 STROVE PLACE 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
2016 14 JAN	£820,000	£505,654	62% above HPI
2006 26 SEP	£830,000	£348,437	138% above HPI

STROVE PLACE 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 STROVE PLACE sales from September 2006 and January 2016 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 2006 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the January 2016 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might STROVE PLACE be worth now?

STROVE PLACE might now be worth an estimated £1,082,870.

This is based on house price inflation of 32.1%, between January 2016 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.1% inflationary increase is applied to the most recent sale price for STROVE PLACE of £820,000 on 14th January 2016. For the value to have increased from £820,000 to £1,082,870 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of STROVE PLACE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2016 sale price of £820,000 represented a fair market value for the property.
• The size, condition, and specification of STROVE PLACE has not materially changed since January 2016.

How Large is STROVE PLACE?

STROVE PLACE is 270m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicknacre, and where STROVE PLACE lies on this distribution: 99% of detached houses houses are smaller than STROVE PLACE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

STROVE PLACE: Plot and Title Map

STROVE PLACE sits on a plot of roughly 1.0 acres, or 4,242m². The below map shows the location of STROVE PLACE, 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 STROVE PLACE). 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 STROVE PLACE?

STROVE PLACE is located on MOOR HALL LANE in DANBURY, in the CM3 postcode district. The below map shows the position of STROVE PLACE on MOOR HALL LANE.