2, PENROSE MEAD, WRITTLE, CHELMSFORD, CM1 3GD - £1,050,000

2 PENROSE MEAD is a large extended detached house of 168m², built sometime between 1991 and 1995. It was last sold for £1,050,000 in August 2022, which was around 54% above the average August 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

2 PENROSE MEAD Sold Prices

Land registry data shows two sales for 2 PENROSE 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 2 PENROSE MEAD 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
2022 11 AUG	£1,050,000	£681,714	54% above HPI
1996 16 JAN	£274,000	£102,349	168% above HPI

2 PENROSE 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 2 PENROSE MEAD sales from January 1996 and August 2022 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 January 1996 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the August 2022 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 PENROSE MEAD?

2 PENROSE MEAD is 168m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Writtle, based on EPC data. The below chart shows the distribution of detached houses by size in Writtle, and where 2 PENROSE MEAD lies on this distribution: 78% of detached houses are smaller than 2 PENROSE MEAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Writtle.

2 PENROSE MEAD: Plot and Title Map

2 PENROSE MEAD sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 2 PENROSE 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 2 PENROSE 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 2 PENROSE MEAD?

2 PENROSE MEAD is located in WRITTLE, in the CM1 postcode district. The below map shows the position of No. 2 on PENROSE MEAD.