2, DOVEDALE CLOSE, RAMSDEN HEATH, BILLERICAY, CM11 1QZ - £520,000

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

2 DOVEDALE CLOSE is a very small detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £514,541. It was last sold for £520,000 in October 2024, which was around 23% below the average October 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

2 DOVEDALE CLOSE Sold Prices

Land registry data shows three sales for 2 DOVEDALE CLOSE since 1^st 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 2 DOVEDALE 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
2024 11 OCT	£520,000	£674,837	23% below HPI
2016 6 MAY	£400,000	£516,095	22% below HPI
2010 13 DEC	£250,000	£375,129	33% below HPI

2 DOVEDALE 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 three 2 DOVEDALE CLOSE sales between December 2010 and October 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 May 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 DOVEDALE CLOSE be worth now?

2 DOVEDALE CLOSE might now be worth an estimated £514,541.

This is based on house price deflation of 1%, between October 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% deflationary decrease is applied to the most recent sale price for 2 DOVEDALE CLOSE of £520,000 on 11th October 2024. For the value to have decreased from £520,000 to £514,541 over the ten months to December 2024, the following assumptions must hold true:

• The value of 2 DOVEDALE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2024 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DOVEDALE CLOSE has not materially changed since October 2024.

How Large is 2 DOVEDALE CLOSE?

2 DOVEDALE CLOSE is 105m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsden Heath, and where 2 DOVEDALE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 DOVEDALE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

2 DOVEDALE CLOSE: Plot and Title Map

2 DOVEDALE CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 DOVEDALE 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 2 DOVEDALE 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 2 DOVEDALE CLOSE?

2 DOVEDALE CLOSE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 2 on DOVEDALE CLOSE.