4 Payne Place, East Hanningfield, Chelmsford, CM3 8UU is a freehold terraced property built between 1950-1966. The property offers approximately 1,130 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £348,376 , which equates to approximately £308 per square foot. It was last sold on 7 Aug 2014 for £216,000. Since then, the value has increased by £132,376, representing a 61.3% increase, or approximately 5.4% per year.

The current estimated value of £348,376 is:

  • 37.8% higher than the average property price on Payne Place
  • 36.3% higher than the average in the CM3 8UU postcode area
  • and 20.1% lower than the average price for Chelmsford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 October 2014, the property was recorded as owner-occupied.

View sold house prices in CM3 8UU

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
1130 sq ft
Tenure
Freehold
Price (estimate)
£348,376
Price Per sq ft (estimate)
£308
Bedroom Count (estimate)
4 bedrooms

EPC Summary

4 Payne Place, East Hanningfield, Chelmsford, Essex, CM3 8UU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Oct 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Jan 2010, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 29%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as from main system, no cylinder thermostat.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 25 mm loft insulation, changing energy efficiency from average to poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 76% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CM3 8UU

4 th / 13
Price Rank
36% higher than average
2 nd / 10
Size Rank
37% bigger than average
8 th / 10
Price Per Sq FT Rank
0% same as average

Compared to other properties in CM3 8UU , this house's estimated value ranks 4th out of 13. Based on price per square foot, it ranks 8th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 10 properties in its postcode area.

Sale History

Today
£348,376
streetscan.co.uk estimate
+61 %
7 Aug 2014
£216,000
Leasehold
+23.4 %
27 May 2010
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 980 sq ft
sale price: £340,000
sale date: 23 May 2022
rooms: 5
size: 1001 sq ft
sale price: £275,000
sale date: 31 Oct 2019
rooms: 5
size: 1001 sq ft
sale price: £265,000
sale date: 27 Mar 2017
rooms: 4
size: 1023 sq ft
sale price: £145,000
sale date: 21 Jan 2004

Data Sources

The property at 4 Payne Place, East Hanningfield, Chelmsford, CM3 8UU appears two times in the Land Registry records, with the latest transaction recorded on 7 Aug 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Oct 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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