53, SCHOOL LANE, BROOMFIELD, CHELMSFORD, CM1 7DR - £400,000

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.

53 SCHOOL LANE is a very large detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £747,963. It was last sold for £400,000 in May 2010, which was around 8% above the average May 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

53 SCHOOL LANE Sold Prices

Land registry data shows three sales for 53 SCHOOL 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. Two of the three 53 SCHOOL LANE sales were for above the average price, whilst one was 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
2010 28 MAY	£400,000	£370,576	8% above HPI
1999 4 NOV	£250,000	£165,023	51% above HPI
1998 9 NOV	£65,000	£147,925	56% below HPI

53 SCHOOL 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 53 SCHOOL LANE sales between November 1998 and May 2010 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 November 1999 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2010 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 53 SCHOOL LANE be worth now?

53 SCHOOL LANE might now be worth an estimated £747,963.

This is based on house price inflation of 87%, between May 2010 and August 2025, for detached 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 87% inflationary increase is applied to the most recent sale price for 53 SCHOOL LANE of £400,000 on 28th May 2010. For the value to have increased from £400,000 to £747,963 over the fourteen years and nine months to August 2025, the following assumptions must hold true:

• The value of 53 SCHOOL LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2010 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 53 SCHOOL LANE has not materially changed since May 2010.

How Large is 53 SCHOOL LANE?

53 SCHOOL LANE is 149m² according to the EPC inspection conducted in November 2009. This puts it in the largest 20% of detached houses houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broomfield, and where 53 SCHOOL LANE lies on this distribution: 82% of detached houses houses are smaller than 53 SCHOOL LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

53 SCHOOL LANE: Plot and Title Map

53 SCHOOL LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 53 SCHOOL 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 53 SCHOOL 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 53 SCHOOL LANE?

53 SCHOOL LANE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 53 on SCHOOL LANE.