THRIFTWOOD, THE TYE, EAST HANNINGFIELD, CHELMSFORD, CM3 8AD - £860,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THRIFTWOOD is a very large extended detached house of 298m², built sometime between 1967 and 1975. It was last sold for £860,000 in November 2016, which was around 61% above the average November 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

THRIFTWOOD Sold Prices

Land registry data shows two sales for THRIFTWOOD 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 THRIFTWOOD 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 11 NOV	£860,000	£534,455	61% above HPI
2000 28 SEP	£450,000	£195,679	130% above HPI

THRIFTWOOD 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 THRIFTWOOD sales from September 2000 and November 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 2000 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the November 2016 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THRIFTWOOD?

THRIFTWOOD is 298m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in East Hanningfield, based on EPC data. The below chart shows the distribution of detached houses by size in East Hanningfield, and where THRIFTWOOD lies on this distribution: More than 99% of detached houses are smaller than THRIFTWOOD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in East Hanningfield.

THRIFTWOOD: Plot and Title Map

THRIFTWOOD sits on a plot of roughly 0.553 of an acre, or 2,238m². The below map shows the location of THRIFTWOOD, 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 THRIFTWOOD). 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 THRIFTWOOD?

THRIFTWOOD is located on THE TYE in EAST HANNINGFIELD, in the CM3 postcode district. The below map shows the position of THRIFTWOOD on THE TYE.