114, ORCHARD WAY, BOREHAM, CHELMSFORD, CM3 3GR - £342,000

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.

114 ORCHARD WAY is a small semi-detached house of 89m², built in 2020, which could now be worth an estimated £384,122. It was last sold for £342,000 in June 2021, which was around 7% below the average June 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was B.

114 ORCHARD WAY Sold Prices

Land registry data shows two sales for 114 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 114 ORCHARD WAY sales was for below the average price, whilst the other was for above 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
2021 24 JUN	£342,000	£366,354	7% below HPI
2018 25 JAN	£18,574,000	£345,198	5281% above HPI

114 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 114 ORCHARD WAY sales from January 2018 and June 2021 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 January 2018 sale was for 5281% above the HPI. So the extrapolation line tracks at 5281% above the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 114 ORCHARD WAY be worth now?

114 ORCHARD WAY might now be worth an estimated £384,122.

This is based on house price inflation of 12.3%, between June 2021 and February 2025, for semi-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 12.3% inflationary increase is applied to the most recent sale price for 114 ORCHARD WAY of £342,000 on 24th June 2021. For the value to have increased from £342,000 to £384,122 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 114 ORCHARD WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 114 ORCHARD WAY has not materially changed since June 2021.

How Large is 114 ORCHARD WAY?

114 ORCHARD WAY is 89m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of semi-detached houses houses in Boreham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Boreham, and where 114 ORCHARD WAY lies on this distribution: 23% of semi-detached houses houses are smaller than 114 ORCHARD WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Boreham.

114 ORCHARD WAY: Plot and Title Map

114 ORCHARD WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 114 ORCHARD WAY, 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 114 ORCHARD WAY). 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 114 ORCHARD WAY?

114 ORCHARD WAY is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 114 on ORCHARD WAY.