12, DUKES WOOD CLOSE, BOREHAM, CHELMSFORD, CM3 3FT - £487,500

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.

12 DUKES WOOD CLOSE is a large detached house of 138m², which could now be worth an estimated £555,787. It was last sold for £487,500 in January 2020, which was around 16% below the average January 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

12 DUKES WOOD CLOSE Sold Prices

Land registry data shows two sales for 12 DUKES WOOD 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 12 DUKES WOOD 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
2020 31 JAN	£487,500	£583,734	16% below HPI
2017 17 MAY	£539,950	£559,923	4% below HPI

12 DUKES WOOD 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 12 DUKES WOOD CLOSE sales from May 2017 and January 2020 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 May 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 DUKES WOOD CLOSE be worth now?

12 DUKES WOOD CLOSE might now be worth an estimated £555,787.

This is based on house price inflation of 14%, between January 2020 and February 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 14% inflationary increase is applied to the most recent sale price for 12 DUKES WOOD CLOSE of £487,500 on 31st January 2020. For the value to have increased from £487,500 to £555,787 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 DUKES WOOD CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The January 2020 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of 12 DUKES WOOD CLOSE has not materially changed since January 2020.

How Large is 12 DUKES WOOD CLOSE?

12 DUKES WOOD CLOSE is 138m² according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boreham, and where 12 DUKES WOOD CLOSE lies on this distribution: 80% of detached houses houses are smaller than 12 DUKES WOOD CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Boreham.

12 DUKES WOOD CLOSE: Plot and Title Map

12 DUKES WOOD CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 12 DUKES WOOD 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 DUKES WOOD 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 DUKES WOOD CLOSE?

12 DUKES WOOD CLOSE is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 12 on DUKES WOOD CLOSE.