4, MULTON LEA, CHELMSFORD, CM1 6EF - £650,000

4 MULTON LEA is a midsized extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £650,000 in September 2022, which was around 6% below the average September 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

4 MULTON LEA Sold Prices

Land registry data shows two sales for 4 MULTON LEA 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 4 MULTON LEA 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
2022 15 SEP	£650,000	£688,607	6% below HPI
2020 20 FEB	£500,000	£575,359	13% below HPI

4 MULTON LEA 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 4 MULTON LEA sales from February 2020 and September 2022 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 February 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 MULTON LEA?

4 MULTON LEA is 128m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 4 MULTON LEA lies on this distribution: 57% of detached houses are smaller than 4 MULTON LEA, and 42% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 MULTON LEA: Plot and Title Map

4 MULTON LEA sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 4 MULTON LEA, 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 MULTON LEA). 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 MULTON LEA?

4 MULTON LEA is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 4 on MULTON LEA.