1, LADY LANE, CHELMSFORD, CM2 0TF - £290,000

1 LADY LANE is a large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £290,000 in July 2003, which was around 3% below the average July 2003 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

1 LADY LANE Sold Prices

Land registry data shows three sales for 1 LADY LANE 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 1 LADY LANE 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
2003 18 JUL	£290,000	£298,436	3% below HPI
1998 27 FEB	£125,750	£133,722	6% below HPI
1996 14 NOV	£108,000	£110,888	3% below HPI

1 LADY LANE 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 1 LADY LANE sales between November 1996 and July 2003 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 February 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2003 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 LADY LANE?

1 LADY LANE is 139m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 LADY LANE lies on this distribution: 65% of detached houses are smaller than 1 LADY LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 LADY LANE: Plot and Title Map

1 LADY LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 LADY LANE, 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 1 LADY LANE). 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 1 LADY LANE?

1 LADY LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 1 on LADY LANE.