16, RAY MEAD, GREAT WALTHAM, CHELMSFORD, CM3 1AN - £220,000

16 RAY MEAD is a very small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2010, which was around 40% below the average June 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

16 RAY MEAD Sold Prices

Land registry data shows two sales for 16 RAY MEAD 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 16 RAY MEAD 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
2010 30 JUN	£220,000	£367,999	40% below HPI
1999 15 JUL	£73,000	£149,452	51% below HPI

16 RAY MEAD 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 16 RAY MEAD sales from July 1999 and June 2010 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 July 1999 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the June 2010 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 RAY MEAD?

16 RAY MEAD is 102m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Great Waltham, based on EPC data. The below chart shows the distribution of detached houses by size in Great Waltham, and where 16 RAY MEAD lies on this distribution: 15% of detached houses are smaller than 16 RAY MEAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Great Waltham.

16 RAY MEAD: Plot and Title Map

16 RAY MEAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 16 RAY MEAD, 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 16 RAY MEAD). 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 16 RAY MEAD?

16 RAY MEAD is located in GREAT WALTHAM, in the CM3 postcode district. The below map shows the position of No. 16 on RAY MEAD.