12, TYLERS CLOSE, CHELMSFORD, CM2 9DY - £340,000

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 TYLERS CLOSE is a very small extended detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £379,516. It was last sold for £340,000 in December 2020, which was around 43% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

12 TYLERS CLOSE Sold Prices

Land registry data shows three sales for 12 TYLERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 12 TYLERS 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 18 DEC	£340,000	£596,207	43% below HPI
2011 13 SEP	£235,000	£370,367	37% below HPI
2002 21 JUN	£148,000	£248,349	40% below HPI

12 TYLERS 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 three 12 TYLERS CLOSE sales between June 2002 and December 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 September 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 12 TYLERS CLOSE be worth now?

12 TYLERS CLOSE might now be worth an estimated £379,516.

This is based on house price inflation of 11.6%, between December 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 11.6% inflationary increase is applied to the most recent sale price for 12 TYLERS CLOSE of £340,000 on 18th December 2020. For the value to have increased from £340,000 to £379,516 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 TYLERS CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TYLERS CLOSE has not materially changed since December 2020.

How Large is 12 TYLERS CLOSE?

12 TYLERS CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 12 TYLERS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 12 TYLERS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 TYLERS CLOSE: Plot and Title Map

12 TYLERS CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 12 TYLERS 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 TYLERS 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 TYLERS CLOSE?

12 TYLERS CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on TYLERS CLOSE.