18, BORDA CLOSE, CHELMSFORD, CM1 4JY - £265,000

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.

18 BORDA CLOSE is a small extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £487,819. It was last sold for £265,000 in May 2012, which was around 30% below the average May 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

18 BORDA CLOSE Sold Prices

Land registry data shows two sales for 18 BORDA 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 18 BORDA 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
2012 28 MAY	£265,000	£378,193	30% below HPI
2002 1 NOV	£205,000	£275,286	26% below HPI

18 BORDA 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 18 BORDA CLOSE sales from November 2002 and May 2012 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 November 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 18 BORDA CLOSE be worth now?

18 BORDA CLOSE might now be worth an estimated £487,819.

This is based on house price inflation of 84.1%, between May 2012 and June 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 84.1% inflationary increase is applied to the most recent sale price for 18 BORDA CLOSE of £265,000 on 28th May 2012. For the value to have increased from £265,000 to £487,819 over the twelve years and eleven months to June 2025, the following assumptions must hold true:

• The value of 18 BORDA CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2012 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BORDA CLOSE has not materially changed since May 2012.

How Large is 18 BORDA CLOSE?

18 BORDA CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% 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 18 BORDA CLOSE lies on this distribution: 30% of detached houses houses are smaller than 18 BORDA CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

18 BORDA CLOSE: Plot and Title Map

18 BORDA CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 18 BORDA 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 18 BORDA 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 18 BORDA CLOSE?

18 BORDA CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 18 on BORDA CLOSE.