7, BORDA CLOSE, CHELMSFORD, CM1 4JY - £425,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 BORDA CLOSE is a very small extended semi-detached house of 89m², built sometime between 1950 and 1966. It was last sold for £425,000 in February 2022, which was around 35% below the average February 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

7 BORDA CLOSE Sold Prices

Land registry data shows three sales for 7 BORDA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 7 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
2022 3 FEB	£425,000	£650,942	35% below HPI
2014 7 OCT	£279,995	£445,843	37% below HPI
2009 22 MAY	£195,000	£320,560	39% below HPI

7 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 three 7 BORDA CLOSE sales between May 2009 and February 2022 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 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 BORDA CLOSE?

7 BORDA CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 7 BORDA CLOSE lies on this distribution: 18% of detached houses are smaller than 7 BORDA CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 BORDA CLOSE: Plot and Title Map

7 BORDA CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 7 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 7 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 7 BORDA CLOSE?

7 BORDA CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 7 on BORDA CLOSE.