88, BROOK LANE, GALLEYWOOD, CHELMSFORD, CM2 8NN - £412,000

88 BROOK LANE is a midsized detached house of 131m², built sometime between 1976 and 1982. It was last sold for £412,000 in March 2014, which was about the average March 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

88 BROOK LANE Sold Prices

Land registry data shows two sales for 88 BROOK LANE 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. One of the two 88 BROOK LANE sales was roughly equal to the average price, whilst the other was 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
2014 21 MAR	£412,000	£414,017	Close to HPI
1995 5 MAY	£119,995	£104,385	15% above HPI

88 BROOK 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 two 88 BROOK LANE sales from May 1995 and March 2014 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 May 1995 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 88 BROOK LANE?

88 BROOK LANE is 131m² according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses in Galleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Galleywood, and where 88 BROOK LANE lies on this distribution: 58% of detached houses are smaller than 88 BROOK LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

88 BROOK LANE: Plot and Title Map

88 BROOK LANE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 88 BROOK 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 88 BROOK 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 88 BROOK LANE?

88 BROOK LANE is located in GALLEYWOOD, in the CM2 postcode district. The below map shows the position of No. 88 on BROOK LANE.