Long Ley Bakers Lane

    LONG LEY, BAKERS LANE, WEST HANNINGFIELD, CHELMSFORD, CM2 8LE

    This detached freehold property on Bakers Lane last sold in January 2019 for £1,075,000. Based on price growth in the CM2 district since then, its estimated current value is £1,180,795 — placing it in the 97th percentile nationally and the 99th percentile within CM2. The property covers 226 m² (2,433 sq ft), giving an estimated value of £5,225 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,433 sq ft

    226 m²

    Last Sale Price

    £1,075,000

    Jan 2019

    Estimated Valuation

    £1,180,795

    Est. £/sq ft

    £485/sq ft

    £5,225/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageD
    Habitable rooms8
    Main fueloil (not community)
    EPC currentE
    EPC potentialD
    Floor area2,433 sq ft (226 m²)
    EPC dateOct 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    31 Jan 2019

    £1,075,000

    16 Sept 2013

    £875,000

    Key Metrics

    Estimated valuation£1,180,795
    Value per sq ft / m²£485/sq ft (£5,225/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile99th percentile
    National percentile97th percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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