16, SALFORAL CLOSE, RETTENDON COMMON, CHELMSFORD, CM3 8EL - £211,000

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.

16 SALFORAL CLOSE is a small detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £441,925. It was last sold for £211,000 in March 2009, which was around 34% below the average March 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was A.

16 SALFORAL CLOSE Sold Prices

Land registry data shows two sales for 16 SALFORAL 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 16 SALFORAL 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
2009 26 MAR	£211,000	£319,307	34% below HPI
2000 20 APR	£147,500	£177,407	17% below HPI

16 SALFORAL 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 16 SALFORAL CLOSE sales from April 2000 and March 2009 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 April 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2009 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 16 SALFORAL CLOSE be worth now?

16 SALFORAL CLOSE might now be worth an estimated £441,925.

This is based on house price inflation of 109.4%, between March 2009 and March 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 109.4% inflationary increase is applied to the most recent sale price for 16 SALFORAL CLOSE of £211,000 on 26th March 2009. For the value to have increased from £211,000 to £441,925 over the sixteen years to March 2025, the following assumptions must hold true:

• The value of 16 SALFORAL CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2009 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SALFORAL CLOSE has not materially changed since March 2009.

How Large is 16 SALFORAL CLOSE?

16 SALFORAL CLOSE is 101m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses houses in Rettendon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rettendon, and where 16 SALFORAL CLOSE lies on this distribution: 24% of detached houses houses are smaller than 16 SALFORAL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rettendon.

16 SALFORAL CLOSE: Plot and Title Map

16 SALFORAL CLOSE sits on a plot of roughly 253.1 acres, or 1,024,212m². The below map shows the location of 16 SALFORAL 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 SALFORAL 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 SALFORAL CLOSE?

16 SALFORAL CLOSE is located in RETTENDON COMMON, in the CM3 postcode district. The below map shows the position of No. 16 on SALFORAL CLOSE.