1, BUTLERS CLOSE, CHELMSFORD, CM1 7BE - £530,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BUTLERS CLOSE is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £530,000 in April 2015, which was around 17% above the average April 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

1 BUTLERS CLOSE Sold Prices

Land registry data shows three sales for 1 BUTLERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 1 BUTLERS CLOSE sales were for above 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
2015 28 APR	£530,000	£454,265	17% above HPI
2013 9 AUG	£450,000	£390,498	15% above HPI
2002 15 JUL	£325,000	£252,584	29% above HPI

1 BUTLERS 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 three 1 BUTLERS CLOSE sales between July 2002 and April 2015 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 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 BUTLERS CLOSE?

1 BUTLERS CLOSE is 183m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 1 BUTLERS CLOSE lies on this distribution: 93% of detached houses are smaller than 1 BUTLERS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

1 BUTLERS CLOSE: Plot and Title Map

1 BUTLERS CLOSE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 1 BUTLERS 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 BUTLERS 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 BUTLERS CLOSE?

1 BUTLERS CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 1 on BUTLERS CLOSE.