21, PARK LANE, RAMSDEN HEATH, BILLERICAY, CM11 1NE - £460,000

21 PARK LANE is a very small extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £460,000 in September 2021, which was around 24% below the average September 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

21 PARK LANE Sold Prices

Land registry data shows three sales for 21 PARK 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 21 PARK 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
2021 30 SEP	£460,000	£608,459	24% below HPI
2011 19 AUG	£250,000	£367,970	32% below HPI
2004 20 AUG	£245,000	£325,250	25% below HPI

21 PARK 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 21 PARK LANE sales between August 2004 and September 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 August 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 21 PARK LANE?

21 PARK LANE is 109m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 21 PARK LANE lies on this distribution: 16% of detached houses are smaller than 21 PARK LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

21 PARK LANE: Plot and Title Map

21 PARK LANE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 21 PARK 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 21 PARK 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 21 PARK LANE?

21 PARK LANE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 21 on PARK LANE.