9, MATFIELD CLOSE, CHELMSFORD, CM1 7TP - £268,000

9 MATFIELD CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £268,000 in October 2013, which was around 33% below the average October 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

9 MATFIELD CLOSE Sold Prices

Land registry data shows five sales for 9 MATFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 9 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
2013 4 OCT	£268,000	£398,628	33% below HPI
2010 23 SEP	£239,000	£372,749	36% below HPI
2009 21 DEC	£215,000	£352,533	39% below HPI
2004 5 APR	£196,000	£310,507	37% below HPI
1997 29 AUG	£91,000	£126,702	28% below HPI

9 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 five 9 MATFIELD CLOSE sales between August 1997 and October 2013 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 September 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2013 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 9 MATFIELD CLOSE?

9 MATFIELD CLOSE is 80m² according to the EPC inspection conducted in September 2009. 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 MATFIELD CLOSE lies on this distribution: 11% of detached houses are smaller than 9 MATFIELD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 MATFIELD CLOSE: Plot and Title Map

9 MATFIELD CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 9 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 9 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 9 MATFIELD CLOSE?

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