8, PUMP LANE, DANBURY, CHELMSFORD, CM3 4JP - £295,000

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.

8 PUMP LANE is a very small extended terraced house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £410,305. It was last sold for £295,000 in November 2015, which was around 21% above the average November 2015 terraced price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

8 PUMP LANE Sold Prices

Land registry data shows five sales for 8 PUMP LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the five 8 PUMP 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
2015 12 NOV	£295,000	£243,798	21% above HPI
2010 20 SEP	£249,995	£183,891	36% above HPI
2002 9 JUL	£143,500	£114,673	25% above HPI
1996 29 NOV	£77,000	£50,705	52% above HPI
1995 14 JUL	£71,000	£48,522	46% above HPI

8 PUMP 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 five 8 PUMP LANE sales between July 1995 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 September 2010 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2015 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 8 PUMP LANE be worth now?

8 PUMP LANE might now be worth an estimated £410,305.

This is based on house price inflation of 39.1%, between November 2015 and July 2026, 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 39.1% inflationary increase is applied to the most recent sale price for 8 PUMP LANE of £295,000 on 12th November 2015. For the value to have increased from £295,000 to £410,305 over the eleven years and four months to July 2026, the following assumptions must hold true:

• The value of 8 PUMP LANE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PUMP LANE has not materially changed since November 2015.

How Large is 8 PUMP LANE?

8 PUMP LANE is 66m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of terraced houses houses in Danbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Danbury, and where 8 PUMP LANE lies on this distribution: 1% of terraced houses houses are smaller than 8 PUMP LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Danbury.

8 PUMP LANE: Plot and Title Map

8 PUMP LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 8 PUMP 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 8 PUMP 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 8 PUMP LANE?

8 PUMP LANE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 8 on PUMP LANE.