WILLOW TREES, MILL LANE, RAMSDEN HEATH, BILLERICAY, CM11 1LX - £727,500

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

WILLOW TREES is a midsized extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £727,500 in September 2023, which was around 7% above the average September 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

WILLOW TREES Sold Prices

Land registry data shows two sales for WILLOW TREES 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 WILLOW TREES 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
2023 29 SEP	£727,500	£680,239	7% above HPI
1997 23 JUN	£126,000	£120,692	4% above HPI

WILLOW TREES 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 WILLOW TREES sales from June 1997 and September 2023 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 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is WILLOW TREES?

WILLOW TREES is 147m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ramsden Heath, and where WILLOW TREES lies on this distribution: 48% of detached houses are smaller than WILLOW TREES, and 52% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

WILLOW TREES: Plot and Title Map

WILLOW TREES sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of WILLOW TREES, 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 WILLOW TREES). 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 WILLOW TREES?

WILLOW TREES is located on MILL LANE in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of WILLOW TREES on MILL LANE.