7, GREEN CLOSE, CHELMSFORD, CM1 7SL - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 GREEN CLOSE is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £460,000 in December 2005, which was around 41% above the average December 2005 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2024, where the current energy rating was B, and the potential energy rating was B.

7 GREEN CLOSE Sold Prices

Land registry data shows two sales for 7 GREEN 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 GREEN 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
2005 16 DEC	£460,000	£327,232	41% above HPI
2003 9 OCT	£384,000	£302,087	27% above HPI

7 GREEN 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 GREEN CLOSE sales from October 2003 and December 2005 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 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2005 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 7 GREEN CLOSE?

7 GREEN CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 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 GREEN CLOSE lies on this distribution: 80% of detached houses are smaller than 7 GREEN CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 GREEN CLOSE: Plot and Title Map

7 GREEN CLOSE sits on a plot of roughly 0.400 of an acre, or 1,620m². The below map shows the location of 7 GREEN 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 GREEN 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 GREEN CLOSE?

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