27, MILL LANE, BROOMFIELD, CHELMSFORD, CM1 7BQ - £490,000

27 MILL LANE is a large detached house of 139m², built sometime between 1967 and 1975. It was last sold for £490,000 in February 2019, which was around 15% below the average February 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

27 MILL LANE Sold Prices

Land registry data shows two sales for 27 MILL LANE 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 27 MILL 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
2019 7 FEB	£490,000	£574,849	15% below HPI
2003 12 SEP	£249,995	£302,214	17% below HPI

27 MILL 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 two 27 MILL LANE sales from September 2003 and February 2019 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 September 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 27 MILL LANE?

27 MILL LANE is 139m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 27 MILL LANE lies on this distribution: 69% of detached houses are smaller than 27 MILL LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

27 MILL LANE: Plot and Title Map

27 MILL LANE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 27 MILL 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 27 MILL 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 27 MILL LANE?

27 MILL LANE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 27 on MILL LANE.