THE GALLOPS, BIRCHES WALK, GALLEYWOOD, CHELMSFORD, CM2 8TZ - £525,000

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 GALLOPS is a large extended detached house of 133m², built sometime between 1930 and 1949. It was last sold for £525,000 in July 2013, which was around 35% above the average July 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

THE GALLOPS Sold Prices

Land registry data shows two sales for THE GALLOPS 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. One of the two THE GALLOPS sales was for above the average price, whilst the other was 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
2013 4 JUL	£525,000	£387,941	35% above HPI
2003 26 JUN	£250,000	£296,450	16% below HPI

THE GALLOPS 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 GALLOPS sales from June 2003 and July 2013 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 June 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2013 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is THE GALLOPS?

THE GALLOPS is 133m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where THE GALLOPS lies on this distribution: 61% of detached houses are smaller than THE GALLOPS, and 39% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

THE GALLOPS: Plot and Title Map

THE GALLOPS sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of THE GALLOPS, 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 GALLOPS). 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 GALLOPS?

THE GALLOPS is located on BIRCHES WALK in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of THE GALLOPS on BIRCHES WALK.