27, YONGE CLOSE, BOREHAM, CHELMSFORD, CM3 3GY - £425,000

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

27 YONGE CLOSE is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2017, which was around 23% below the average March 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

27 YONGE CLOSE Sold Prices

Land registry data shows four sales for 27 YONGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 27 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
2017 10 MAR	£425,000	£550,512	23% below HPI
2010 29 JUL	£231,000	£372,211	38% below HPI
2004 10 NOV	£227,000	£330,390	31% below HPI
2001 1 JUN	£150,000	£203,015	26% below HPI

27 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 four 27 YONGE CLOSE sales between June 2001 and March 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 July 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 27 YONGE CLOSE?

27 YONGE CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where 27 YONGE CLOSE lies on this distribution: 41% of detached houses are smaller than 27 YONGE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Boreham.

27 YONGE CLOSE: Plot and Title Map

27 YONGE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 27 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 27 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 27 YONGE CLOSE?

27 YONGE CLOSE is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 27 on YONGE CLOSE.