THE CHESTNUTS, ROMAN ROAD, INGATESTONE, CM4 9AE - £835,000

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

THE CHESTNUTS is a large detached house of 188m², built sometime between 1991 and 1995. It was last sold for £835,000 in May 2018, which was around 12% above the average May 2018 detached price in the Brentwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was A.

THE CHESTNUTS Sold Prices

Land registry data shows two sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two THE CHESTNUTS 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
2018 9 MAY	£835,000	£746,599	12% above HPI
1999 26 JUL	£283,450	£207,043	37% above HPI

THE CHESTNUTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two THE CHESTNUTS sales from July 1999 and May 2018 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 July 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 188m² according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses by size in Ingatestone, and where THE CHESTNUTS lies on this distribution: 76% of detached houses are smaller than THE CHESTNUTS, and 24% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on ROMAN ROAD in INGATESTONE, in the CM4 postcode district. The below map shows the position of THE CHESTNUTS on ROMAN ROAD.