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According to the public record, 116, Lady Lane, Chelmsford is a modern freehold house with 816 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Lady Lane, Chelmsford is £407,927 and the estimated rental value is £1,685 per month.
Lady Lane, Chelmsford, CM2 is located in the borough of Chelmsford within the CM2 postal district.
116, Lady Lane, Chelmsford has a single entry in the Land Registry from December 2010 and a single entry in the EPC database dated August 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 116, Lady Lane, Chelmsford is in very good condition we estimate a sale value of £428,323 and a rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,372 and a rental value of £1,567 per month.
Over the last 12 months the sale value of 116 Lady Lane Chelmsford has decreased by an estimated £3,369 (0.8%) and its rental value has increased by an estimated £59 per month (3.5%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 116, Lady Lane, Chelmsford sits on a plot of 421m2.
We have plot size data on 30 out of 32 other houses in the postcode and 116, Lady Lane, Chelmsford sits on the 3rd largest plot.
116, Lady Lane, Chelmsford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 116, Lady Lane, Chelmsford was last sold on 10th December 2010 for £207,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2010, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Lady Lane, Chelmsford within a radius of 520 metres over the last 2 years.
The most recent example is 13, Honywood Gardens, Chelmsford, CM2 0GB, a freehold house which sold for £417,500 on the 4th December 2023.
Read more about house prices in CM2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lady Lane, Chelmsford, CM2 has a total of 113 addresses. According to our analysis of all the public data, 116, Lady Lane, Chelmsford is the 101st largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £199 more expensive than the average property in CM2.
The closest station to 116, Lady Lane, Chelmsford is Chelmsford station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 116, Lady Lane, Chelmsford, 45.6% of property is privately owned with a mortgage and 37.4% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 116, Lady Lane, Chelmsford, 24.9% of residents are recorded as possessing school level qualifications and 47.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 116, Lady Lane, Chelmsford, the average age was 40.9 and the most common age was 42.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 116, Lady Lane, Chelmsford, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 116, Lady Lane, Chelmsford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
