6, WALTERS CLOSE, CHELMSFORD, CM2 8NU - £425,000

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 WALTERS CLOSE is a very small semi-detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £427,158. It was last sold for £425,000 in July 2023, which was around 2% above the average July 2023 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

6 WALTERS CLOSE Sold Prices

Land registry data shows three sales for 6 WALTERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 6 WALTERS CLOSE sales were 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
2023 3 JUL	£425,000	£415,011	2% above HPI
2001 8 JUN	£142,000	£116,352	22% above HPI
2000 11 JUL	£130,000	£106,742	22% above HPI

6 WALTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 6 WALTERS CLOSE sales between July 2000 and July 2023 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 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 6 WALTERS CLOSE be worth now?

6 WALTERS CLOSE might now be worth an estimated £427,158.

This is based on house price inflation of 0.5%, between July 2023 and March 2025, for semi-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 0.5% inflationary increase is applied to the most recent sale price for 6 WALTERS CLOSE of £425,000 on 3rd July 2023. For the value to have increased from £425,000 to £427,158 over the two years and four months to March 2025, the following assumptions must hold true:

• The value of 6 WALTERS CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The July 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WALTERS CLOSE has not materially changed since July 2023.

How Large is 6 WALTERS CLOSE?

6 WALTERS CLOSE is 73m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of semi-detached houses houses in Galleywood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Galleywood, and where 6 WALTERS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 6 WALTERS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Galleywood.

6 WALTERS CLOSE: Plot and Title Map

6 WALTERS CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 6 WALTERS 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 WALTERS 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 WALTERS CLOSE?

6 WALTERS CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 6 on WALTERS CLOSE.