3, ROSSETER CLOSE, CHELMSFORD, CM2 9GL - £500,000

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 ROSSETER CLOSE is a large extended detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £478,220. It was last sold for £500,000 in August 2022, which was around 28% below the average August 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

3 ROSSETER CLOSE Sold Prices

Land registry data shows three sales for 3 ROSSETER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 3 ROSSETER CLOSE sales were for below the average price, whilst one was for above 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
2022 1 AUG	£500,000	£695,811	28% below HPI
2012 20 FEB	£300,000	£368,958	19% below HPI
2005 14 JUL	£385,000	£333,225	16% above HPI

3 ROSSETER 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 three 3 ROSSETER CLOSE sales between July 2005 and August 2022 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 February 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 ROSSETER CLOSE be worth now?

3 ROSSETER CLOSE might now be worth an estimated £478,220.

This is based on house price deflation of 4.4%, between August 2022 and February 2025, for 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 4.4% deflationary decrease is applied to the most recent sale price for 3 ROSSETER CLOSE of £500,000 on 1st August 2022. For the value to have decreased from £500,000 to £478,220 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 ROSSETER CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROSSETER CLOSE has not materially changed since August 2022.

How Large is 3 ROSSETER CLOSE?

3 ROSSETER CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 3 ROSSETER CLOSE lies on this distribution: 61% of detached houses houses are smaller than 3 ROSSETER CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 ROSSETER CLOSE: Plot and Title Map

3 ROSSETER CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 ROSSETER 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 ROSSETER 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 ROSSETER CLOSE?

3 ROSSETER CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 3 on ROSSETER CLOSE.