5, QUINION CLOSE, CHELMSFORD, CM1 4UH - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 QUINION CLOSE is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £340,000 in October 2013, which was around 15% below the average October 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

5 QUINION CLOSE Sold Prices

Land registry data shows two sales for 5 QUINION 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 5 QUINION 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
2013 22 OCT	£340,000	£398,628	15% below HPI
2003 11 APR	£249,000	£290,631	14% below HPI

5 QUINION 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 5 QUINION CLOSE sales from April 2003 and October 2013 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 April 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 QUINION CLOSE?

5 QUINION CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 QUINION CLOSE lies on this distribution: 32% of detached houses are smaller than 5 QUINION CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 QUINION CLOSE: Plot and Title Map

5 QUINION CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 5 QUINION 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 5 QUINION 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 5 QUINION CLOSE?

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