12, DE VERE CLOSE, HATFIELD PEVEREL, CHELMSFORD, CM3 2LS - £630,000

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.

12 DE VERE CLOSE is a large detached house of 146m², built sometime between 1983 and 1990, which could now be worth an estimated £759,400. It was last sold for £630,000 in July 2017, which was around 31% above the average July 2017 detached price in the Braintree local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

12 DE VERE CLOSE Sold Prices

Land registry data shows two sales for 12 DE VERE 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 Braintree local authority area for the corresponding sale date. Both of the two 12 DE VERE CLOSE sales were 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
2017 28 JUL	£630,000	£479,117	31% above HPI
2013 11 OCT	£460,000	£339,329	36% above HPI

12 DE VERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 12 DE VERE CLOSE sales from October 2013 and July 2017 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 2013 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 12 DE VERE CLOSE be worth now?

12 DE VERE CLOSE might now be worth an estimated £759,400.

This is based on house price inflation of 20.5%, between July 2017 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 12 DE VERE CLOSE of £630,000 on 28th July 2017. For the value to have increased from £630,000 to £759,400 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 12 DE VERE CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2017 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 12 DE VERE CLOSE has not materially changed since July 2017.

How Large is 12 DE VERE CLOSE?

12 DE VERE CLOSE is 146m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 12 DE VERE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 12 DE VERE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

12 DE VERE CLOSE: Plot and Title Map

12 DE VERE CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 12 DE VERE 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 12 DE VERE 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 12 DE VERE CLOSE?

12 DE VERE CLOSE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 12 on DE VERE CLOSE.