39, HONEY CLOSE, CHELMSFORD, CM2 9SP - £467,650

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.

39 HONEY CLOSE is a midsized detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £545,739. It was last sold for £467,650 in April 2021, which was around 22% below the average April 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

39 HONEY CLOSE Sold Prices

Land registry data shows three sales for 39 HONEY 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. All of the three 39 HONEY 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 8 APR	£467,650	£596,571	22% below HPI
2001 4 MAY	£153,000	£201,013	24% below HPI
1997 29 SEP	£118,000	£128,784	8% below HPI

39 HONEY 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 39 HONEY CLOSE sales between September 1997 and April 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 May 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 39 HONEY CLOSE be worth now?

39 HONEY CLOSE might now be worth an estimated £545,739.

This is based on house price inflation of 16.7%, between April 2021 and June 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 16.7% inflationary increase is applied to the most recent sale price for 39 HONEY CLOSE of £467,650 on 8th April 2021. For the value to have increased from £467,650 to £545,739 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 39 HONEY CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2021 sale price of £467,650 represented a fair market value for the property.
• The size, condition, and specification of 39 HONEY CLOSE has not materially changed since April 2021.

How Large is 39 HONEY CLOSE?

39 HONEY CLOSE is 130m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% 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 39 HONEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 39 HONEY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

39 HONEY CLOSE: Plot and Title Map

39 HONEY CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 39 HONEY 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 39 HONEY 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 39 HONEY CLOSE?

39 HONEY CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 39 on HONEY CLOSE.