1, ORCHARD CLOSE, HATFIELD PEVEREL, CHELMSFORD, CM3 2RZ - £359,950

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 ORCHARD CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £422,438. It was last sold for £359,950 in December 2017, which was around 27% below the average December 2017 detached price in the Braintree local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

1 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 1 ORCHARD 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 Braintree local authority area for the corresponding sale date. Both of the two 1 ORCHARD 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
2017 11 DEC	£359,950	£492,097	27% below HPI
2009 24 JUL	£189,995	£281,725	33% below HPI

1 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 1 ORCHARD CLOSE sales from July 2009 and December 2017 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 July 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 ORCHARD CLOSE be worth now?

1 ORCHARD CLOSE might now be worth an estimated £422,438.

This is based on house price inflation of 17.4%, between December 2017 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 1 ORCHARD CLOSE of £359,950 on 11th December 2017. For the value to have increased from £359,950 to £422,438 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2017 sale price of £359,950 represented a fair market value for the property.
• The size, condition, and specification of 1 ORCHARD CLOSE has not materially changed since December 2017.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 55m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 1 ORCHARD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 ORCHARD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 1 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.