6, BORDA CLOSE, CHELMSFORD, CM1 4JY - £325,000

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.

6 BORDA CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £416,227. It was last sold for £325,000 in June 2016, which was around 37% below the average June 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

6 BORDA CLOSE Sold Prices

Land registry data shows two sales for 6 BORDA 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 6 BORDA 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
2016 29 JUN	£325,000	£519,639	37% below HPI
1999 1 OCT	£112,500	£163,158	31% below HPI

6 BORDA 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 6 BORDA CLOSE sales from October 1999 and June 2016 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 October 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 6 BORDA CLOSE be worth now?

6 BORDA CLOSE might now be worth an estimated £416,227.

This is based on house price inflation of 28.1%, between June 2016 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 28.1% inflationary increase is applied to the most recent sale price for 6 BORDA CLOSE of £325,000 on 29th June 2016. For the value to have increased from £325,000 to £416,227 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 6 BORDA CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BORDA CLOSE has not materially changed since June 2016.

How Large is 6 BORDA CLOSE?

6 BORDA CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 6 BORDA CLOSE lies on this distribution: 33% of detached houses houses are smaller than 6 BORDA CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

6 BORDA CLOSE: Plot and Title Map

6 BORDA CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 6 BORDA 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 6 BORDA 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 6 BORDA CLOSE?

6 BORDA CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 6 on BORDA CLOSE.