4, YONGE CLOSE, BOREHAM, CHELMSFORD, CM3 3GY - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 YONGE CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £375,000 in February 2021, which was around 38% below the average February 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

4 YONGE CLOSE Sold Prices

Land registry data shows two sales for 4 YONGE 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. One of the two 4 YONGE CLOSE sales was for below the average price, whilst the other 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
2021 5 FEB	£375,000	£603,114	38% below HPI
2001 17 MAY	£244,995	£198,892	23% above HPI

4 YONGE 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 YONGE CLOSE sales from May 2001 and February 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 YONGE CLOSE?

4 YONGE CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where 4 YONGE CLOSE lies on this distribution: 54% of detached houses are smaller than 4 YONGE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Boreham.

4 YONGE CLOSE: Plot and Title Map

4 YONGE CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 4 YONGE 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 YONGE 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 YONGE CLOSE?

4 YONGE CLOSE is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 4 on YONGE CLOSE.