1, REDRUTH CLOSE, CHELMSFORD, CM1 6JW - £391,000

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 REDRUTH CLOSE is a very small extended detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £436,444. It was last sold for £391,000 in December 2020, which was around 34% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

1 REDRUTH CLOSE Sold Prices

Land registry data shows four sales for 1 REDRUTH 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 REDRUTH 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 17 DEC	£391,000	£596,207	34% below HPI
2014 17 DEC	£285,000	£459,662	38% below HPI
2007 29 MAR	£246,000	£360,108	32% below HPI
2006 13 APR	£205,000	£338,247	39% below HPI

1 REDRUTH 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 REDRUTH CLOSE sales between April 2006 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 December 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 REDRUTH CLOSE be worth now?

1 REDRUTH CLOSE might now be worth an estimated £436,444.

This is based on house price inflation of 11.6%, between December 2020 and February 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 11.6% inflationary increase is applied to the most recent sale price for 1 REDRUTH CLOSE of £391,000 on 17th December 2020. For the value to have increased from £391,000 to £436,444 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 REDRUTH CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDRUTH CLOSE has not materially changed since December 2020.

How Large is 1 REDRUTH CLOSE?

1 REDRUTH CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in December 2024. This puts it in the smallest 20% 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 REDRUTH CLOSE lies on this distribution: 10% of detached houses houses are smaller than 1 REDRUTH CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 REDRUTH CLOSE: Plot and Title Map

1 REDRUTH CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 1 REDRUTH 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 REDRUTH 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 REDRUTH CLOSE?

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