5, PERRICLOSE, CHELMSFORD, CM1 6UJ - £340,000

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

5 PERRICLOSE is a small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £340,000 in September 2015, which was around 30% below the average September 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

5 PERRICLOSE Sold Prices

Land registry data shows two sales for 5 PERRICLOSE 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 5 PERRICLOSE 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
2015 21 SEP	£340,000	£482,675	30% below HPI
2003 30 SEP	£218,000	£302,214	28% below HPI

5 PERRICLOSE 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 5 PERRICLOSE sales from September 2003 and September 2015 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 September 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 PERRICLOSE?

5 PERRICLOSE is 109m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 5 PERRICLOSE lies on this distribution: 39% of detached houses are smaller than 5 PERRICLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 PERRICLOSE: Plot and Title Map

5 PERRICLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 PERRICLOSE, 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 5 PERRICLOSE). 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 5 PERRICLOSE?

5 PERRICLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 5 on PERRICLOSE.