3, PANDAN CLOSE, WEST HANNINGFIELD, CHELMSFORD, CM2 8FP - £412,500

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.

3 PANDAN CLOSE is a very small semi-detached house of 104m², which could now be worth an estimated £463,304. It was last sold for £412,500 in June 2021, which was around 13% above the average June 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

3 PANDAN CLOSE Sold Prices

Land registry data shows two sales for 3 PANDAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 3 PANDAN CLOSE sales was for above the average price, whilst the other was roughly equal to 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 25 JUN	£412,500	£366,354	13% above HPI
2011 13 OCT	£220,000	£219,798	Close to HPI

3 PANDAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 3 PANDAN CLOSE sales from October 2011 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 October 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 PANDAN CLOSE be worth now?

3 PANDAN CLOSE might now be worth an estimated £463,304.

This is based on house price inflation of 12.3%, between June 2021 and February 2025, for semi-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 12.3% inflationary increase is applied to the most recent sale price for 3 PANDAN CLOSE of £412,500 on 25th June 2021. For the value to have increased from £412,500 to £463,304 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PANDAN CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 3 PANDAN CLOSE has not materially changed since June 2021.

How Large is 3 PANDAN CLOSE?

3 PANDAN CLOSE is 104m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of semi-detached houses houses in West Hanningfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Hanningfield, and where 3 PANDAN CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 3 PANDAN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in West Hanningfield.

3 PANDAN CLOSE: Plot and Title Map

3 PANDAN CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 PANDAN 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 PANDAN 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 PANDAN CLOSE?

3 PANDAN CLOSE is located in WEST HANNINGFIELD, in the CM2 postcode district. The below map shows the position of No. 3 on PANDAN CLOSE.