31, HOLMANS, BOREHAM, CHELMSFORD, CM3 3EY - £217,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 HOLMANS is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £385,037. It was last sold for £217,500 in June 2011, which was around 42% below the average June 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

31 HOLMANS Sold Prices

Land registry data shows two sales for 31 HOLMANS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 31 HOLMANS 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
2011 24 JUN	£217,500	£375,929	42% below HPI
2006 26 MAY	£150,000	£339,597	56% below HPI

31 HOLMANS 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 two 31 HOLMANS sales from May 2006 and June 2011 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 May 2006 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2011 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 31 HOLMANS be worth now?

31 HOLMANS might now be worth an estimated £385,037.

This is based on house price inflation of 77%, between June 2011 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 77% inflationary increase is applied to the most recent sale price for 31 HOLMANS of £217,500 on 24th June 2011. For the value to have increased from £217,500 to £385,037 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 31 HOLMANS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2011 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 31 HOLMANS has not materially changed since June 2011.

How Large is 31 HOLMANS?

31 HOLMANS is 74m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boreham, and where 31 HOLMANS lies on this distribution: 7% of detached houses houses are smaller than 31 HOLMANS, and 92% of houses are larger. Note that EPC data is not available for all properties in Boreham.

31 HOLMANS: Plot and Title Map

31 HOLMANS sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 31 HOLMANS, 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 31 HOLMANS). 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 31 HOLMANS?

31 HOLMANS is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 31 on HOLMANS.