11, FORTUNE CLOSE, GREAT LEIGHS, CHELMSFORD, CM3 1RR - £249,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 FORTUNE CLOSE is a small detached house of 105m², built sometime between 1983 and 1990. It was last sold for £249,995 in April 2008, which was around 34% below the average April 2008 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

11 FORTUNE CLOSE Sold Prices

Land registry data shows two sales for 11 FORTUNE 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 FORTUNE 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
2008 4 APR	£249,995	£377,320	34% below HPI
1996 17 OCT	£81,000	£110,413	27% below HPI

11 FORTUNE 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 FORTUNE CLOSE sales from October 1996 and April 2008 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 October 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2008 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 11 FORTUNE CLOSE?

11 FORTUNE CLOSE is 105m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where 11 FORTUNE CLOSE lies on this distribution: 27% of detached houses are smaller than 11 FORTUNE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

11 FORTUNE CLOSE: Plot and Title Map

11 FORTUNE CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 11 FORTUNE 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 FORTUNE 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 FORTUNE CLOSE?

11 FORTUNE CLOSE is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 11 on FORTUNE CLOSE.