4, MILL LANE, DANBURY, CHELMSFORD, CM3 4LF - £720,000

4 MILL LANE is a very large detached house of 247m², built sometime between 1967 and 1975. It was last sold for £720,000 in May 2013, which was around 87% above the average May 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was D.

4 MILL LANE Sold Prices

Land registry data shows three sales for 4 MILL 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 4 MILL LANE 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
2013 24 MAY	£720,000	£384,464	87% above HPI
2008 10 JUL	£665,000	£379,188	75% above HPI
2002 27 JUN	£550,000	£245,730	124% above HPI

4 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 three 4 MILL LANE sales between June 2002 and May 2013 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 July 2008 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the May 2013 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 4 MILL LANE?

4 MILL LANE is 247m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses by size in Danbury, and where 4 MILL LANE lies on this distribution: 91% of detached houses are smaller than 4 MILL LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Danbury.

4 MILL LANE: Plot and Title Map

4 MILL LANE sits on a plot of roughly 0.389 of an acre, or 1,576m². The below map shows the location of 4 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 4 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 4 MILL LANE?

4 MILL LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 4 on MILL LANE.