10, LAKIN CLOSE, CHELMSFORD, CM2 6RU - £262,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

10 LAKIN CLOSE is a very small semi-detached house of 45m², built sometime between 1983 and 1990. It was last sold for £262,500 in February 2016, which was around 49% below the average February 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

10 LAKIN CLOSE Sold Prices

Land registry data shows three sales for 10 LAKIN 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 10 LAKIN 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
2016 5 FEB	£262,500	£510,775	49% below HPI
2004 27 FEB	£165,000	£306,460	46% below HPI
2002 31 JAN	£91,500	£219,568	58% below HPI

10 LAKIN 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 10 LAKIN CLOSE sales between January 2002 and February 2016 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 February 2004 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 10 LAKIN CLOSE?

10 LAKIN CLOSE is 45m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 10 LAKIN CLOSE lies on this distribution: 1% of detached houses are smaller than 10 LAKIN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

10 LAKIN CLOSE: Plot and Title Map

10 LAKIN CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 10 LAKIN 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 10 LAKIN 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 10 LAKIN CLOSE?

10 LAKIN CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 10 on LAKIN CLOSE.