55, LILY CLOSE, CHELMSFORD, CM1 6YN - £350,000

55 LILY CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £350,000 in November 2014, which was around 23% below the average November 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

55 LILY CLOSE Sold Prices

Land registry data shows two sales for 55 LILY 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 55 LILY 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
2014 7 NOV	£350,000	£451,928	23% below HPI
2004 27 AUG	£237,000	£325,250	27% below HPI

55 LILY 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 55 LILY CLOSE sales from August 2004 and November 2014 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 August 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 55 LILY CLOSE?

55 LILY CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 55 LILY CLOSE lies on this distribution: 41% of detached houses are smaller than 55 LILY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

55 LILY CLOSE: Plot and Title Map

55 LILY CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 55 LILY 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 55 LILY 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 55 LILY CLOSE?

55 LILY CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 55 on LILY CLOSE.