4, ROLAND CLOSE, BROOMFIELD, CHELMSFORD, CM1 7ED - £402,500

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.

4 ROLAND CLOSE is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £468,616. It was last sold for £402,500 in September 2020, which was around 33% below the average September 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

4 ROLAND CLOSE Sold Prices

Land registry data shows two sales for 4 ROLAND CLOSE 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 4 ROLAND 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
2020 4 SEP	£402,500	£597,963	33% below HPI
2014 27 JAN	£232,500	£403,677	42% below HPI

4 ROLAND 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 two 4 ROLAND CLOSE sales from January 2014 and September 2020 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 January 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 ROLAND CLOSE be worth now?

4 ROLAND CLOSE might now be worth an estimated £468,616.

This is based on house price inflation of 16.4%, between September 2020 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 16.4% inflationary increase is applied to the most recent sale price for 4 ROLAND CLOSE of £402,500 on 4th September 2020. For the value to have increased from £402,500 to £468,616 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 4 ROLAND CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2020 sale price of £402,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ROLAND CLOSE has not materially changed since September 2020.

How Large is 4 ROLAND CLOSE?

4 ROLAND CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 4 ROLAND CLOSE lies on this distribution: 35% of detached houses houses are smaller than 4 ROLAND CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

4 ROLAND CLOSE: Plot and Title Map

4 ROLAND CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 4 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 4 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 4 ROLAND CLOSE?

4 ROLAND CLOSE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 4 on ROLAND CLOSE.