15, ORCHARD WAY, BOREHAM, CHELMSFORD, CM3 3GQ - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 ORCHARD WAY is a small detached house of 90m², which could now be worth an estimated £473,072. It was last sold for £465,000 in May 2024, which was around 29% below the average May 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

15 ORCHARD WAY Sold Prices

Land registry data shows two sales for 15 ORCHARD WAY 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 15 ORCHARD WAY 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
2024 17 MAY	£465,000	£656,359	29% below HPI
2019 26 JUL	£449,995	£593,547	24% below HPI

15 ORCHARD WAY 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 15 ORCHARD WAY sales from July 2019 and May 2024 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 July 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 ORCHARD WAY be worth now?

15 ORCHARD WAY might now be worth an estimated £473,072.

This is based on house price inflation of 1.7%, between May 2024 and December 2024, 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 1.7% inflationary increase is applied to the most recent sale price for 15 ORCHARD WAY of £465,000 on 17th May 2024. For the value to have increased from £465,000 to £473,072 over the five months to December 2024, the following assumptions must hold true:

• The value of 15 ORCHARD WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2024 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ORCHARD WAY has not materially changed since May 2024.

How Large is 15 ORCHARD WAY?

15 ORCHARD WAY is 90m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% 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 15 ORCHARD WAY lies on this distribution: 24% of detached houses houses are smaller than 15 ORCHARD WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Boreham.

15 ORCHARD WAY: Plot and Title Map

15 ORCHARD WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 15 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 15 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 15 ORCHARD WAY?

15 ORCHARD WAY is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 15 on ORCHARD WAY.