1, GREENWOOD CLOSE, CHELMSFORD, CM2 6PW - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GREENWOOD CLOSE is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £603,541. It was last sold for £315,000 in April 2010, which was around 13% below the average April 2010 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.

1 GREENWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 GREENWOOD 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 1 GREENWOOD 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
2010 30 APR	£315,000	£364,119	13% below HPI
2004 17 SEP	£315,000	£332,042	5% below HPI

1 GREENWOOD 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 1 GREENWOOD CLOSE sales from September 2004 and April 2010 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2010 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 GREENWOOD CLOSE be worth now?

1 GREENWOOD CLOSE might now be worth an estimated £603,541.

This is based on house price inflation of 91.6%, between April 2010 and July 2025, 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 91.6% inflationary increase is applied to the most recent sale price for 1 GREENWOOD CLOSE of £315,000 on 30th April 2010. For the value to have increased from £315,000 to £603,541 over the fourteen years and nine months to July 2025, the following assumptions must hold true:

• The value of 1 GREENWOOD CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2010 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENWOOD CLOSE has not materially changed since April 2010.

How Large is 1 GREENWOOD CLOSE?

1 GREENWOOD CLOSE is 97m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 1 GREENWOOD CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 GREENWOOD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 GREENWOOD CLOSE: Plot and Title Map

1 GREENWOOD CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 1 GREENWOOD 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 GREENWOOD 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 GREENWOOD CLOSE?

1 GREENWOOD CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 1 on GREENWOOD CLOSE.