16, CLARENCE CLOSE, CHELMSFORD, CM2 6SE - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 CLARENCE CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £360,000 in May 2021, which was around 39% below the average May 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

16 CLARENCE CLOSE Sold Prices

Land registry data shows five sales for 16 CLARENCE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 16 CLARENCE 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
2021 28 MAY	£360,000	£587,540	39% below HPI
2013 23 OCT	£225,000	£398,628	44% below HPI
2001 1 OCT	£145,000	£216,071	33% below HPI
2000 30 MAY	£114,500	£178,874	36% below HPI
1997 21 APR	£84,000	£114,870	27% below HPI

16 CLARENCE 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 five 16 CLARENCE CLOSE sales between April 1997 and May 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 October 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 CLARENCE CLOSE?

16 CLARENCE CLOSE is 76m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 16 CLARENCE CLOSE lies on this distribution: 8% of detached houses are smaller than 16 CLARENCE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

16 CLARENCE CLOSE: Plot and Title Map

16 CLARENCE CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 16 CLARENCE 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 16 CLARENCE 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 16 CLARENCE CLOSE?

16 CLARENCE CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 16 on CLARENCE CLOSE.