2, YONGE CLOSE, BOREHAM, CHELMSFORD, CM3 3GY - £255,000

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

2 YONGE CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £255,000 in September 2015, which was around 47% below the average September 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 YONGE CLOSE Sold Prices

Land registry data shows five sales for 2 YONGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 2 YONGE 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
2015 11 SEP	£255,000	£482,675	47% below HPI
2009 2 JUN	£185,000	£324,615	43% below HPI
2008 5 DEC	£200,000	£332,480	40% below HPI
2004 30 JAN	£178,000	£305,407	42% below HPI
2001 30 MAR	£114,995	£196,549	41% below HPI

2 YONGE 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 five 2 YONGE CLOSE sales between March 2001 and September 2015 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 June 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2015 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 YONGE CLOSE?

2 YONGE CLOSE is 62m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where 2 YONGE CLOSE lies on this distribution: 3% of detached houses are smaller than 2 YONGE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Boreham.

2 YONGE CLOSE: Plot and Title Map

2 YONGE CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 2 YONGE 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 YONGE 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 YONGE CLOSE?

2 YONGE CLOSE is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 2 on YONGE CLOSE.