1, ARMONDE CLOSE, BOREHAM, CHELMSFORD, CM3 3GA - £460,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ARMONDE CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £515,201. It was last sold for £460,000 in December 2020, which was around 23% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was A.

1 ARMONDE CLOSE Sold Prices

Land registry data shows four sales for 1 ARMONDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 1 ARMONDE 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
2020 1 DEC	£460,000	£596,207	23% below HPI
2006 2 MAR	£275,000	£335,363	18% below HPI
2003 25 APR	£229,000	£293,730	22% below HPI
2000 20 DEC	£160,000	£197,473	19% below HPI

1 ARMONDE 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 four 1 ARMONDE CLOSE sales between December 2000 and December 2020 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 ARMONDE CLOSE be worth now?

1 ARMONDE CLOSE might now be worth an estimated £515,201.

This is based on house price inflation of 12%, between December 2020 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12% inflationary increase is applied to the most recent sale price for 1 ARMONDE CLOSE of £460,000 on 1st December 2020. For the value to have increased from £460,000 to £515,201 over the four years to December 2024, the following assumptions must hold true:

• The value of 1 ARMONDE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ARMONDE CLOSE has not materially changed since December 2020.

How Large is 1 ARMONDE CLOSE?

1 ARMONDE CLOSE is 107m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boreham, and where 1 ARMONDE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 ARMONDE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Boreham.

1 ARMONDE CLOSE: Plot and Title Map

1 ARMONDE CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 1 ARMONDE 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 1 ARMONDE 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 1 ARMONDE CLOSE?

1 ARMONDE CLOSE is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 1 on ARMONDE CLOSE.