12, MATFIELD CLOSE, CHELMSFORD, CM1 7TP - £522,000

12 MATFIELD CLOSE is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £522,000 in August 2018, which was around 9% below the average August 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

12 MATFIELD CLOSE Sold Prices

Land registry data shows two sales for 12 MATFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 12 MATFIELD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 21 AUG	£522,000	£575,967	9% below HPI
1995 15 DEC	£85,100	£103,146	17% below HPI

12 MATFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 12 MATFIELD CLOSE sales from December 1995 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 MATFIELD CLOSE?

12 MATFIELD CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 12 MATFIELD CLOSE lies on this distribution: 56% of detached houses are smaller than 12 MATFIELD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 MATFIELD CLOSE: Plot and Title Map

12 MATFIELD CLOSE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 12 MATFIELD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 MATFIELD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 MATFIELD CLOSE?

12 MATFIELD CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 12 on MATFIELD CLOSE.