3, ROLAND CLOSE, BROOMFIELD, CHELMSFORD, CM1 7ED - £250,000

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.

3 ROLAND CLOSE is a very small semi-detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £428,165. It was last sold for £250,000 in November 2013, which was around 4% above the average November 2013 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

3 ROLAND CLOSE Sold Prices

Land registry data shows four sales for 3 ROLAND 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 Chelmsford local authority area for the corresponding sale date. two of the four 3 ROLAND 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
2013 22 NOV	£250,000	£240,255	4% above HPI
2007 22 JUN	£239,000	£235,363	2% above HPI
2003 23 OCT	£165,000	£178,808	8% below HPI
2002 12 JUN	£140,000	£141,932	1% below HPI

3 ROLAND 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 four 3 ROLAND CLOSE sales between June 2002 and November 2013 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 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2013 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 ROLAND CLOSE be worth now?

3 ROLAND CLOSE might now be worth an estimated £428,165.

This is based on house price inflation of 71.3%, between November 2013 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 71.3% inflationary increase is applied to the most recent sale price for 3 ROLAND CLOSE of £250,000 on 22nd November 2013. For the value to have increased from £250,000 to £428,165 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 ROLAND CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The November 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROLAND CLOSE has not materially changed since November 2013.

How Large is 3 ROLAND CLOSE?

3 ROLAND CLOSE is 78m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 3 ROLAND CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 3 ROLAND CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 ROLAND CLOSE: Plot and Title Map

3 ROLAND CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 3 ROLAND 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 ROLAND 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 ROLAND CLOSE?

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