8, HORNBEAM CLOSE, CHELMSFORD, CM2 9LW - £635,000

8 HORNBEAM CLOSE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £635,000 in September 2023, which was around 7% below the average September 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

8 HORNBEAM CLOSE Sold Prices

Land registry data shows two sales for 8 HORNBEAM 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 8 HORNBEAM 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
2023 7 SEP	£635,000	£685,163	7% below HPI
2018 13 MAR	£500,000	£573,026	13% below HPI

8 HORNBEAM 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 8 HORNBEAM CLOSE sales from March 2018 and September 2023 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 March 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 HORNBEAM CLOSE?

8 HORNBEAM CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in November 2017. 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 8 HORNBEAM CLOSE lies on this distribution: 44% of detached houses are smaller than 8 HORNBEAM CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 HORNBEAM CLOSE: Plot and Title Map

8 HORNBEAM CLOSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 8 HORNBEAM 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 8 HORNBEAM 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 8 HORNBEAM CLOSE?

8 HORNBEAM CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 8 on HORNBEAM CLOSE.