11, BORDA CLOSE, CHELMSFORD, CM1 4JY - £460,000

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.

11 BORDA CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £493,009. It was last sold for £460,000 in January 2022, which was around 29% below the average January 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

11 BORDA CLOSE Sold Prices

Land registry data shows two sales for 11 BORDA 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 11 BORDA 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
2022 5 JAN	£460,000	£649,574	29% below HPI
2011 4 MAR	£277,500	£384,146	28% below HPI

11 BORDA 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 11 BORDA CLOSE sales from March 2011 and January 2022 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 March 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 11 BORDA CLOSE be worth now?

11 BORDA CLOSE might now be worth an estimated £493,009.

This is based on house price inflation of 7.2%, between January 2022 and June 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 7.2% inflationary increase is applied to the most recent sale price for 11 BORDA CLOSE of £460,000 on 5th January 2022. For the value to have increased from £460,000 to £493,009 over the two years and seven months to June 2025, the following assumptions must hold true:

• The value of 11 BORDA CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BORDA CLOSE has not materially changed since January 2022.

How Large is 11 BORDA CLOSE?

11 BORDA CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% 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 11 BORDA CLOSE lies on this distribution: 45% of detached houses houses are smaller than 11 BORDA CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 BORDA CLOSE: Plot and Title Map

11 BORDA CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 11 BORDA 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 11 BORDA 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 11 BORDA CLOSE?

11 BORDA CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 11 on BORDA CLOSE.