31, RIGNALS LANE, CHELMSFORD, CM2 8QT - £490,000

31 RIGNALS LANE is a very large extended detached house of 233m², built sometime before 1900. It was last sold for £490,000 in November 2015, which was around 1% below the average November 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

31 RIGNALS LANE Sold Prices

Land registry data shows two sales for 31 RIGNALS 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. One of the two 31 RIGNALS LANE sales was for below the average price, whilst the other was 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
2015 12 NOV	£490,000	£496,541	1% below HPI
1999 18 JUN	£173,500	£148,079	17% above HPI

31 RIGNALS 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 31 RIGNALS LANE sales from June 1999 and November 2015 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 June 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 31 RIGNALS LANE?

31 RIGNALS LANE is 233m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 31 RIGNALS LANE lies on this distribution: 97% of detached houses are smaller than 31 RIGNALS LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

31 RIGNALS LANE: Plot and Title Map

31 RIGNALS LANE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 31 RIGNALS 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 31 RIGNALS 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 31 RIGNALS LANE?

31 RIGNALS LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 31 on RIGNALS LANE.