31, LAURENCE CROFT, WRITTLE, CHELMSFORD, CM1 3LN - £362,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 LAURENCE CROFT is a very small terraced house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £437,297. It was last sold for £362,000 in June 2019, which was around 27% above the average June 2019 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

31 LAURENCE CROFT Sold Prices

Land registry data shows five sales for 31 LAURENCE CROFT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the five 31 LAURENCE CROFT 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
2019 5 JUN	£362,000	£285,088	27% above HPI
2015 8 OCT	£330,000	£242,006	36% above HPI
2006 29 JUN	£229,995	£171,695	34% above HPI
2001 19 JUL	£124,995	£91,838	36% above HPI
1996 20 DEC	£83,500	£50,753	65% above HPI

31 LAURENCE CROFT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The five 31 LAURENCE CROFT sales between December 1996 and June 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 October 2015 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2019 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 31 LAURENCE CROFT be worth now?

31 LAURENCE CROFT might now be worth an estimated £437,297.

This is based on house price inflation of 20.8%, between June 2019 and June 2025, for terraced houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 31 LAURENCE CROFT of £362,000 on 5th June 2019. For the value to have increased from £362,000 to £437,297 over the six years to June 2025, the following assumptions must hold true:

• The value of 31 LAURENCE CROFT has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2019 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LAURENCE CROFT has not materially changed since June 2019.

How Large is 31 LAURENCE CROFT?

31 LAURENCE CROFT is 73m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of terraced houses houses in Writtle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Writtle, and where 31 LAURENCE CROFT lies on this distribution: 6% of terraced houses houses are smaller than 31 LAURENCE CROFT, and 94% of houses are larger. Note that EPC data is not available for all properties in Writtle.

31 LAURENCE CROFT: Plot and Title Map

31 LAURENCE CROFT sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 31 LAURENCE CROFT, 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 31 LAURENCE CROFT). 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 31 LAURENCE CROFT?

31 LAURENCE CROFT is located in WRITTLE, in the CM1 postcode district. The below map shows the position of No. 31 on LAURENCE CROFT.