3, CONSTANCE CLOSE, BROOMFIELD, CHELMSFORD, CM1 7BW - £460,000

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

3 CONSTANCE CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £460,000 in June 2021, which was around 22% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 CONSTANCE CLOSE Sold Prices

Land registry data shows four sales for 3 CONSTANCE 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 3 CONSTANCE 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 17 JUN	£460,000	£592,899	22% below HPI
2017 20 JAN	£397,000	£537,671	26% below HPI
2016 15 JAN	£315,000	£500,319	37% below HPI
1998 18 JUN	£99,995	£137,353	27% below HPI

3 CONSTANCE 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 3 CONSTANCE CLOSE sales between June 1998 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 January 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 CONSTANCE CLOSE?

3 CONSTANCE CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 3 CONSTANCE CLOSE lies on this distribution: 14% of detached houses are smaller than 3 CONSTANCE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

3 CONSTANCE CLOSE: Plot and Title Map

3 CONSTANCE CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 CONSTANCE 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 3 CONSTANCE 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 3 CONSTANCE CLOSE?

3 CONSTANCE CLOSE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 3 on CONSTANCE CLOSE.