Sold STC Detached

Police House

PAYNES LANE, CHELMSFORD, BOREHAM, ESSEX CM3 3HH

3 beds 2 baths 1,335 sq ft Listed 28 Nov 2022 (-1293d)

£475,000

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Property details

Tenure

FREEHOLD

Floor area

124 m²

Council tax band

TBC

Year built

England and Wales: 1967-1975

Last sold

£450,000 Aug 2023

Price per m²

£3,831/m²

Local average

£636,129 (-25.3%)

Deprivation

Decile 8 (24,190 of 33,755)

Street crime

38 incidents within 1 mile (Apr 2026)

Key features

  • LARGE DETACHED HOME
  • NON ESTATE POSITION
  • FULL REFURBISHMENT REQUIRED
  • POTENTIAL TO EXTEND (STPP)
  • FAR REACHING COUNTRYSIDE VIEWS
  • FANTASTIC COMMUTER LINKS
  • NO ONWARD CHAIN
  • THREE RECEPTION ROOMS
  • OFFICE WITH OWN FRONT DOOR
  • GARAGE & TWO DRIVEWAYS

Additional details

Parking
Yes
Garden
Yes

Description

NON ESTATE POSITION & A GENEROUS PLOT

This large detached home, located on a small lane with just a few other properties, is offered for sale with NO ONWARD CHAIN.

With three double bedrooms, bathroom, three reception rooms, kitchen and connected outhouses, the property is in need of full refurbishment and would make for a fantastic project.

The property occupies a generous plot, complete with; garage, two driveways, good size garden and far reaching countryside views. There is also scope for a new owner to considerably extend the property (STPP).

Paynes Lane is a small turning off of Main Road Boreham. The area is popular with commuters due to its excellent access to the A12, Train Stations and distance to Stansted Airport.

Listed by

Braintree

Countrywide UK Sales - Connells

Reference: 129529562

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Police House, Paynes Lane, Boreham, CHELMSFORD 72 83 124 m² England and Wales: 1967-1975 Detached

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 24/08/2023 (2 years ago) £450,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 4.4%
10y growth 41.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Chelmsford. Series: Detached. As of March 2026.

1y (index) 1.1%
5y (index) 11.7%
10y (index) 29.1%

Rental Range

Estimated market rent for Chelmsford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,298/mo
Realistic £1,442/mo
Optimistic £1,586/mo

Based on Local Authority from postcode lookup → Chelmsford.

LHA (30th percentile) floor for Chelmsford: £1,197/mo (Apr 2025 – Mar 2026)

Location

Address

Paynes Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Boreham House 0.0 miles
Train station Beaulieu Park 0.3 miles
Shop Argos 0.7 miles
Shop Specsavers 0.7 miles
Train station Chelmsford 2.9 miles
Hospital Chelmsford and Essex (C&E) Centre 3.0 miles
Hospital Phoenix Hospital 3.7 miles
University Writtle School of Design 4.5 miles

Street-level crime

Category Count
Violence and sexual offences 13
Criminal damage and arson 5
Public order 4
Shoplifting 4
Vehicle crime 4
Drugs 3
Anti-social behaviour 2
Possession of weapons 2
Burglary 1
Total incidents 38

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Boreham Primary School Primary 0.7 miles Good — 25 Jan 2024
New Hall School Other 0.8 miles (No rating)
The Bishops' Church of England and Roman Catholic Primary School Primary 1.2 miles Good — 12 Nov 2012
The Beaulieu Park School Other 1.3 miles Outstanding — 8 Mar 2023
Springfield Primary School Primary 1.4 miles Good — 8 Dec 2021

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Braganza Way, CM1 £2,000/mo 3 0.96 miles OpenRent
3 Bed Terraced House, Petunia Crescent, CM1 £1,700/mo 3 1.12 miles OpenRent
3 Bed Terraced House, Barlows Reach, CM2 £1,350/mo 3 1.18 miles OpenRent

Average rent: £1,683/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%
Max investor price (0.8%) £212,500
Target investor price (1%) £170,000
Gross yield 4.3%
Cost-to-rent ratio 23.3×
Monthly cashflow £-366/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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