THE CHIMES, FIR TREE LANE, LITTLE BADDOW, CHELMSFORD, CM3 4SS - £1,315,000

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 CHIMES is a very large extended detached house of 268m², built sometime between 2003 and 2006. It was last sold for £1,315,000 in October 2022, which was around 91% above the average October 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

THE CHIMES Sold Prices

Land registry data shows three sales for THE CHIMES since 1^st 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 THE CHIMES 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
2022 4 OCT	£1,315,000	£687,552	91% above HPI
2015 23 JAN	£1,085,000	£452,225	140% above HPI
1997 14 JUL	£172,000	£123,759	39% above HPI

THE CHIMES 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 three THE CHIMES sales between July 1997 and October 2022 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 January 2015 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the October 2022 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is THE CHIMES?

THE CHIMES is 268m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where THE CHIMES lies on this distribution: 94% of detached houses are smaller than THE CHIMES, and 6% of houses are larger. Note that EPC data is not available for all properties in Danbury.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of THE CHIMES, 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 CHIMES). 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 CHIMES?

THE CHIMES is located on FIR TREE LANE in LITTLE BADDOW, in the CM3 postcode district. The below map shows the position of THE CHIMES on FIR TREE LANE.