2, SACKVILLE CLOSE, CHELMSFORD, CM1 2LU - £560,000

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.

2 SACKVILLE CLOSE is a small extended detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £621,943. It was last sold for £560,000 in June 2021, which was around 7% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 SACKVILLE CLOSE Sold Prices

Land registry data shows two sales for 2 SACKVILLE 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 2 SACKVILLE 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 14 JUN	£560,000	£599,220	7% below HPI
2012 9 JUL	£360,000	£385,005	6% below HPI

2 SACKVILLE 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 2 SACKVILLE CLOSE sales from July 2012 and June 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 July 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 SACKVILLE CLOSE be worth now?

2 SACKVILLE CLOSE might now be worth an estimated £621,943.

This is based on house price inflation of 11.1%, between June 2021 and February 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 11.1% inflationary increase is applied to the most recent sale price for 2 SACKVILLE CLOSE of £560,000 on 14th June 2021. For the value to have increased from £560,000 to £621,943 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SACKVILLE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SACKVILLE CLOSE has not materially changed since June 2021.

How Large is 2 SACKVILLE CLOSE?

2 SACKVILLE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 2 SACKVILLE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 SACKVILLE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 SACKVILLE CLOSE: Plot and Title Map

2 SACKVILLE CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 SACKVILLE 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 SACKVILLE 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 SACKVILLE CLOSE?

2 SACKVILLE CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on SACKVILLE CLOSE.