22, GARDEN CLOSE, ALTHORNE, CHELMSFORD, CM3 6BP - £307,000

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.

22 GARDEN CLOSE is a small extended semi-detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £357,562. It was last sold for £307,000 in November 2020, which was around 5% above the average November 2020 semi-detached price in the Maldon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

22 GARDEN CLOSE Sold Prices

Land registry data shows four sales for 22 GARDEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. two of the four 22 GARDEN CLOSE sales were for above the average price, and four 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
2020 30 NOV	£307,000	£293,763	5% above HPI
2014 2 APR	£219,995	£199,933	10% above HPI
1999 5 MAR	£56,500	£66,550	15% below HPI
1996 28 JUN	£47,000	£54,017	13% below HPI

22 GARDEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The four 22 GARDEN CLOSE sales between June 1996 and November 2020 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 April 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 22 GARDEN CLOSE be worth now?

22 GARDEN CLOSE might now be worth an estimated £357,562.

This is based on house price inflation of 16.5%, between November 2020 and February 2025, for semi-detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 22 GARDEN CLOSE of £307,000 on 30th November 2020. For the value to have increased from £307,000 to £357,562 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 GARDEN CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The November 2020 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GARDEN CLOSE has not materially changed since November 2020.

How Large is 22 GARDEN CLOSE?

22 GARDEN CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of semi-detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Althorne, and where 22 GARDEN CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 22 GARDEN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Althorne.

22 GARDEN CLOSE: Plot and Title Map

22 GARDEN CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 22 GARDEN 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 22 GARDEN 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 22 GARDEN CLOSE?

22 GARDEN CLOSE is located in ALTHORNE, in the CM3 postcode district. The below map shows the position of No. 22 on GARDEN CLOSE.