7, CHINERY CLOSE, CHELMSFORD, CM1 7QY - £375,000

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.

7 CHINERY CLOSE is a midsized detached house of 114m², which could now be worth an estimated £632,347. It was last sold for £375,000 in August 2013, which was around 5% below the average August 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2011, where the current energy rating was B, and the potential energy rating was B.

7 CHINERY CLOSE Sold Prices

Land registry data shows two sales for 7 CHINERY 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 7 CHINERY 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 28 AUG	£375,000	£394,661	5% below HPI
2011 17 JUN	£355,000	£375,929	6% below HPI

7 CHINERY 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 7 CHINERY CLOSE sales from June 2011 and August 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 June 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 CHINERY CLOSE be worth now?

7 CHINERY CLOSE might now be worth an estimated £632,347.

This is based on house price inflation of 68.6%, between August 2013 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 68.6% inflationary increase is applied to the most recent sale price for 7 CHINERY CLOSE of £375,000 on 28th August 2013. For the value to have increased from £375,000 to £632,347 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 7 CHINERY CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2013 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHINERY CLOSE has not materially changed since August 2013.

How Large is 7 CHINERY CLOSE?

7 CHINERY CLOSE is 114m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% 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 7 CHINERY CLOSE lies on this distribution: 44% of detached houses houses are smaller than 7 CHINERY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 CHINERY CLOSE: Plot and Title Map

7 CHINERY CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 7 CHINERY 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 CHINERY 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 CHINERY CLOSE?

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