51, GOODWIN CLOSE, CHELMSFORD, CM2 9GX - £402,000

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.

51 GOODWIN CLOSE is a very small detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £441,940. It was last sold for £402,000 in March 2021, which was around 34% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

51 GOODWIN CLOSE Sold Prices

Land registry data shows five sales for 51 GOODWIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 51 GOODWIN 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 31 MAR	£402,000	£605,357	34% below HPI
2017 29 JUN	£365,000	£566,440	36% below HPI
2006 19 MAY	£219,950	£339,597	35% below HPI
2004 28 SEP	£212,000	£332,042	36% below HPI
2003 26 JUN	£215,995	£299,611	28% below HPI

51 GOODWIN 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 five 51 GOODWIN CLOSE sales between June 2003 and March 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 June 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 51 GOODWIN CLOSE be worth now?

51 GOODWIN CLOSE might now be worth an estimated £441,940.

This is based on house price inflation of 9.9%, between March 2021 and February 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 9.9% inflationary increase is applied to the most recent sale price for 51 GOODWIN CLOSE of £402,000 on 31st March 2021. For the value to have increased from £402,000 to £441,940 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 51 GOODWIN CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2021 sale price of £402,000 represented a fair market value for the property.
• The size, condition, and specification of 51 GOODWIN CLOSE has not materially changed since March 2021.

How Large is 51 GOODWIN CLOSE?

51 GOODWIN CLOSE is 80m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 51 GOODWIN CLOSE lies on this distribution: 10% of detached houses houses are smaller than 51 GOODWIN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

51 GOODWIN CLOSE: Plot and Title Map

51 GOODWIN CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 51 GOODWIN 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 51 GOODWIN 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 51 GOODWIN CLOSE?

51 GOODWIN CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 51 on GOODWIN CLOSE.