THE GABLES, BANTERS LANE, GREAT LEIGHS, CHELMSFORD, CM3 1NT - £335,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

THE GABLES is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £335,000 in July 2014, which was around 23% below the average July 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was D.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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
2014 15 JUL	£335,000	£433,262	23% below HPI
1995 12 JAN	£75,000	£106,805	30% below HPI

THE GABLES 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 THE GABLES sales from January 1995 and July 2014 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 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE GABLES?

THE GABLES is 85m², which includes three extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where THE GABLES lies on this distribution: 6% of detached houses are smaller than THE GABLES, and 94% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on BANTERS LANE in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of THE GABLES on BANTERS LANE.