21, LICHFIELD CLOSE, CHELMSFORD, CM1 2XW - £375,000

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.

21 LICHFIELD CLOSE is a very small extended detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £434,396. It was last sold for £375,000 in August 2017, which was around 35% below the average August 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

21 LICHFIELD CLOSE Sold Prices

Land registry data shows two sales for 21 LICHFIELD 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 21 LICHFIELD 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
2017 2 AUG	£375,000	£574,506	35% below HPI
1999 25 JUN	£77,000	£149,658	49% below HPI

21 LICHFIELD 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 21 LICHFIELD CLOSE sales from June 1999 and August 2017 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 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 21 LICHFIELD CLOSE be worth now?

21 LICHFIELD CLOSE might now be worth an estimated £434,396.

This is based on house price inflation of 15.8%, between August 2017 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 15.8% inflationary increase is applied to the most recent sale price for 21 LICHFIELD CLOSE of £375,000 on 2nd August 2017. For the value to have increased from £375,000 to £434,396 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 21 LICHFIELD CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 21 LICHFIELD CLOSE has not materially changed since August 2017.

How Large is 21 LICHFIELD CLOSE?

21 LICHFIELD CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 21 LICHFIELD CLOSE lies on this distribution: 11% of detached houses houses are smaller than 21 LICHFIELD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

21 LICHFIELD CLOSE: Plot and Title Map

21 LICHFIELD CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 21 LICHFIELD 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 21 LICHFIELD 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 21 LICHFIELD CLOSE?

21 LICHFIELD CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 21 on LICHFIELD CLOSE.