Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
16A GREEN CLOSE is a very large extended detached house of 259m², built sometime between 1996 and 2002. It was last sold for £950,000 in January 2023, which was around 39% above the average January 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 16A GREEN CLOSE since 1st 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 16A GREEN CLOSE sales were for above 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 |
---|---|---|---|
2023 26 JAN | £950,000 | £683,255 | 39% above HPI |
2006 29 SEP | £625,000 | £344,761 | 81% above HPI |
2000 7 AUG | £379,995 | £191,264 | 99% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 16A GREEN CLOSE sales between August 2000 and January 2023 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 2006 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the January 2023 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
16A GREEN CLOSE is 259m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 16A GREEN CLOSE lies on this distribution: 98% of detached houses are smaller than 16A GREEN CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
16A GREEN CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 16A GREEN 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 16A GREEN 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.
16A GREEN CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 16A on GREEN CLOSE.