62, PATCHING HALL LANE, CHELMSFORD, CM1 4DA - £730,000

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.

62 PATCHING HALL LANE is a midsized extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £846,996. It was last sold for £730,000 in October 2019, which was around 23% above the average October 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

62 PATCHING HALL LANE Sold Prices

Land registry data shows one sale for 62 PATCHING HALL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 30 OCT	£730,000	£593,870	23% above HPI

What might 62 PATCHING HALL LANE be worth now?

62 PATCHING HALL LANE might now be worth an estimated £846,996.

This is based on house price inflation of 16%, between October 2019 and May 2026, 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 16% inflationary increase is applied to the most recent sale price for 62 PATCHING HALL LANE of £730,000 on 30th October 2019. For the value to have increased from £730,000 to £846,996 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 62 PATCHING HALL LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2019 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 62 PATCHING HALL LANE has not materially changed since October 2019.

How Large is 62 PATCHING HALL LANE?

62 PATCHING HALL LANE is 120m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 62 PATCHING HALL LANE lies on this distribution: 49% of detached houses are smaller than 62 PATCHING HALL LANE, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

62 PATCHING HALL LANE: Plot

62 PATCHING HALL LANE sits on a plot of roughly 0.294 of an acre, or 1,189m².

Where is 62 PATCHING HALL LANE?

62 PATCHING HALL LANE is located in CHELMSFORD, in the CM1 postcode district.