62, Patching Hall Lane
62, Patching Hall Lane
Description & Estimates
Public records show 62, Patching Hall Lane, Chelmsford to be a period freehold house with 1,291 ft2 of internal area, sitting on a 1,189 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
62, Patching Hall Lane, Chelmsford has an estimated sale value of £855,902 and an estimated rental value of £2,819 per month, assuming reasonable condition and based on the information available.
Patching Hall Lane, Broomfield, Chelmsford, CM1 lies in the borough of Chelmsford, within the CM1 postal district.
Our Data Sources
62, Patching Hall Lane, Chelmsford has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 62, Patching Hall Lane, Chelmsford would be worth £898,697, with a potential rental value of £2,960 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £795,989, with a rental value of £2,622 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 62, Patching Hall Lane, Chelmsford has declined by £6,624 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £98 (3.5%). The property's estimated gross yield is currently 4.0%.
Plot Size
62, Patching Hall Lane, Chelmsford occupies a 1,189 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
62, Patching Hall Lane, Chelmsford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
62, Patching Hall Lane, Chelmsford last changed hands on 30th October 2019, selling for £730,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.3% since October 2019.
- Sold Oct 2019£730,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 560 metres of 62, Patching Hall Lane, Chelmsford across the last 2 years.
Most recently, 52, Patching Hall Lane, Chelmsford, CM1 4BZ, a freehold house, sold at £680,000 on the 21st November 2017.
Read more about house prices in CM1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 62, Patching Hall Lane, Chelmsford as the 53rd largest and the 15th most expensive of the 105 addresses on Patching Hall Lane, Broomfield, Chelmsford, CM1.
Against the CM1 postcode district average, it is £441k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Pius X Catholic Primary School
- 700mParkwood Academy
- 900mKings Road Primary School
- 100mSt John Payne Catholic School, Chelmsford
- 1.0kmChelmsford County High School for Girls
- 1.4kmKing Edward VI Grammar School, Chelmsford
More reading links
Public Transport Nearby
Chelmsford station is the nearest stop to 62, Patching Hall Lane, Chelmsford at 1.8 kilometres away.
- 1.8kmChelmsford
- 3.9kmBeaulieu Park
- 9.3kmHatfield Peverel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
