40, NEW ENGLAND CLOSE, BICKNACRE, CHELMSFORD, CM3 4XA - £340,000

40 NEW ENGLAND CLOSE is a small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £340,000 in April 2017, which was around 39% below the average April 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

40 NEW ENGLAND CLOSE Sold Prices

Land registry data shows two sales for 40 NEW ENGLAND 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 40 NEW ENGLAND 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
2017 6 APR	£340,000	£555,229	39% below HPI
2013 6 DEC	£250,000	£399,905	37% below HPI

40 NEW ENGLAND 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 40 NEW ENGLAND CLOSE sales from December 2013 and April 2017 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 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 40 NEW ENGLAND CLOSE?

40 NEW ENGLAND CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Bicknacre, based on EPC data. The below chart shows the distribution of detached houses by size in Bicknacre, and where 40 NEW ENGLAND CLOSE lies on this distribution: 36% of detached houses are smaller than 40 NEW ENGLAND CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bicknacre.

40 NEW ENGLAND CLOSE: Plot and Title Map

40 NEW ENGLAND CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 40 NEW ENGLAND 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 40 NEW ENGLAND 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 40 NEW ENGLAND CLOSE?

40 NEW ENGLAND CLOSE is located in BICKNACRE, in the CM3 postcode district. The below map shows the position of No. 40 on NEW ENGLAND CLOSE.