6, BEEHIVE LANE, CHELMSFORD, CM2 9SX - £260,000

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.

6 BEEHIVE LANE is a very small extended terraced house of 65m², built sometime before 1900, which could now be worth an estimated £314,081. It was last sold for £260,000 in June 2019, which was around 9% below the average June 2019 terraced price in the Chelmsford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

6 BEEHIVE LANE Sold Prices

Land registry data shows six sales for 6 BEEHIVE LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Most of the six 6 BEEHIVE LANE 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
2019 21 JUN	£260,000	£285,088	9% below HPI
2014 25 JUL	£198,000	£215,848	8% below HPI
2007 27 SEP	£160,000	£195,416	18% below HPI
2005 23 SEP	£153,000	£164,069	7% below HPI
2002 16 AUG	£129,000	£116,645	11% above HPI
1995 28 JUL	£44,000	£48,522	9% below HPI

6 BEEHIVE LANE 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 six 6 BEEHIVE LANE sales between July 1995 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 July 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 6 BEEHIVE LANE be worth now?

6 BEEHIVE LANE might now be worth an estimated £314,081.

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 6 BEEHIVE LANE of £260,000 on 21st June 2019. For the value to have increased from £260,000 to £314,081 over the six years to June 2025, the following assumptions must hold true:

• The value of 6 BEEHIVE LANE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BEEHIVE LANE has not materially changed since June 2019.

How Large is 6 BEEHIVE LANE?

6 BEEHIVE LANE is 65m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 6 BEEHIVE LANE lies on this distribution: 3% of terraced houses houses are smaller than 6 BEEHIVE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

6 BEEHIVE LANE: Plot and Title Map

6 BEEHIVE LANE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 6 BEEHIVE 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 6 BEEHIVE 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 6 BEEHIVE LANE?

6 BEEHIVE LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 6 on BEEHIVE LANE.