19, MURRELL LOCK, CHELMSFORD, CM2 6SW - £425,000

19 MURRELL LOCK is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £425,000 in August 2021, which was around 30% below the average August 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

19 MURRELL LOCK Sold Prices

Land registry data shows four sales for 19 MURRELL LOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 19 MURRELL LOCK 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
2021 31 AUG	£425,000	£603,553	30% below HPI
2009 27 OCT	£239,950	£352,099	32% below HPI
2001 17 DEC	£138,000	£219,796	37% below HPI
2001 6 JUL	£129,950	£203,973	36% below HPI

19 MURRELL LOCK 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 four 19 MURRELL LOCK sales between July 2001 and August 2021 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 October 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 19 MURRELL LOCK?

19 MURRELL LOCK is 84m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 19 MURRELL LOCK lies on this distribution: 14% of detached houses are smaller than 19 MURRELL LOCK, and 85% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

19 MURRELL LOCK: Plot and Title Map

19 MURRELL LOCK sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 19 MURRELL LOCK, 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 19 MURRELL LOCK). 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 19 MURRELL LOCK?

19 MURRELL LOCK is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 19 on MURRELL LOCK.