11, CLARENCE CLOSE, CHELMSFORD, CM2 6SE - £287,500

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 CLARENCE CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £372,457. It was last sold for £287,500 in February 2016, which was around 44% below the average February 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

11 CLARENCE CLOSE Sold Prices

Land registry data shows two sales for 11 CLARENCE 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 CLARENCE 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 19 FEB	£287,500	£516,221	44% below HPI
2000 10 APR	£107,950	£177,407	39% below HPI

11 CLARENCE 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 CLARENCE CLOSE sales from April 2000 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 April 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 11 CLARENCE CLOSE be worth now?

11 CLARENCE CLOSE might now be worth an estimated £372,457.

This is based on house price inflation of 29.6%, between February 2016 and March 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 29.6% inflationary increase is applied to the most recent sale price for 11 CLARENCE CLOSE of £287,500 on 19th February 2016. For the value to have increased from £287,500 to £372,457 over the eight years and eleven months to March 2025, the following assumptions must hold true:

• The value of 11 CLARENCE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The February 2016 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 11 CLARENCE CLOSE has not materially changed since February 2016.

How Large is 11 CLARENCE CLOSE?

11 CLARENCE CLOSE is 72m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 CLARENCE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 11 CLARENCE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 CLARENCE CLOSE: Plot and Title Map

11 CLARENCE CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 11 CLARENCE 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 CLARENCE 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 CLARENCE CLOSE?

11 CLARENCE CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 11 on CLARENCE CLOSE.