9, MAGWITCH CLOSE, CHELMSFORD, CM1 4YE - £400,000

9 MAGWITCH CLOSE is a very small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £400,000 in October 2018, which was around 30% below the average October 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

9 MAGWITCH CLOSE Sold Prices

Land registry data shows two sales for 9 MAGWITCH 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 9 MAGWITCH 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 26 OCT	£400,000	£575,460	30% below HPI
1995 19 DEC	£82,500	£103,146	20% below HPI

9 MAGWITCH 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 9 MAGWITCH CLOSE sales from December 1995 and October 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 9 MAGWITCH CLOSE?

9 MAGWITCH CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 9 MAGWITCH CLOSE lies on this distribution: 19% of detached houses are smaller than 9 MAGWITCH CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 MAGWITCH CLOSE: Plot and Title Map

9 MAGWITCH CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 9 MAGWITCH 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 9 MAGWITCH 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 9 MAGWITCH CLOSE?

9 MAGWITCH CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 9 on MAGWITCH CLOSE.