7, HIGHFIELD CLOSE, DANBURY, CHELMSFORD, CM3 4EG - £540,000

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 HIGHFIELD CLOSE is a large extended detached house of 185m², built sometime between 1950 and 1966, which could now be worth an estimated £915,300. It was last sold for £540,000 in November 2012, which was around 38% above the average November 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was D.

7 HIGHFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 HIGHFIELD 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 HIGHFIELD 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
2012 27 NOV	£540,000	£392,626	38% above HPI
2005 26 JAN	£380,000	£329,864	15% above HPI

7 HIGHFIELD 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 HIGHFIELD CLOSE sales from January 2005 and November 2012 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 January 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2012 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 7 HIGHFIELD CLOSE be worth now?

7 HIGHFIELD CLOSE might now be worth an estimated £915,300.

This is based on house price inflation of 69.5%, between November 2012 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 69.5% inflationary increase is applied to the most recent sale price for 7 HIGHFIELD CLOSE of £540,000 on 27th November 2012. For the value to have increased from £540,000 to £915,300 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 HIGHFIELD CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2012 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HIGHFIELD CLOSE has not materially changed since November 2012.

How Large is 7 HIGHFIELD CLOSE?

7 HIGHFIELD CLOSE is 185m², which includes three extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where 7 HIGHFIELD CLOSE lies on this distribution: 76% of detached houses houses are smaller than 7 HIGHFIELD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Danbury.

7 HIGHFIELD CLOSE: Plot and Title Map

7 HIGHFIELD CLOSE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 7 HIGHFIELD 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 HIGHFIELD 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 HIGHFIELD CLOSE?

7 HIGHFIELD CLOSE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 7 on HIGHFIELD CLOSE.