2, HOMELANDS GROVE, RAMSDEN HEATH, BILLERICAY, CM11 1NJ - £415,000

2 HOMELANDS GROVE is a midsized detached house of 142m², built sometime between 1983 and 1990. It was last sold for £415,000 in October 2014, which was around 7% below the average October 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

2 HOMELANDS GROVE Sold Prices

Land registry data shows two sales for 2 HOMELANDS GROVE 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 2 HOMELANDS GROVE 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
2014 29 OCT	£415,000	£445,843	7% below HPI
2002 16 OCT	£230,000	£265,315	13% below HPI

2 HOMELANDS GROVE 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 2 HOMELANDS GROVE sales from October 2002 and October 2014 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 HOMELANDS GROVE?

2 HOMELANDS GROVE is 142m² according to the EPC inspection conducted in April 2013. 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 2 HOMELANDS GROVE lies on this distribution: 43% of detached houses are smaller than 2 HOMELANDS GROVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

2 HOMELANDS GROVE: Plot and Title Map

2 HOMELANDS GROVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 HOMELANDS GROVE, 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 2 HOMELANDS GROVE). 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 2 HOMELANDS GROVE?

2 HOMELANDS GROVE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 2 on HOMELANDS GROVE.