7, REGAL CLOSE, CHELMSFORD, CM2 9RJ - £375,000

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 REGAL CLOSE is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £375,000 in December 2010, which was around 1% above the average December 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

7 REGAL CLOSE Sold Prices

Land registry data shows two sales for 7 REGAL 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 REGAL 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
2010 3 DEC	£375,000	£371,172	1% above HPI
2003 26 JUN	£307,000	£296,450	4% above HPI

7 REGAL 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 REGAL CLOSE sales from June 2003 and December 2010 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2010 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 REGAL CLOSE?

7 REGAL CLOSE is 106m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% 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 REGAL CLOSE lies on this distribution: 36% of detached houses are smaller than 7 REGAL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 REGAL CLOSE: Plot and Title Map

7 REGAL CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 7 REGAL 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 REGAL 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 REGAL CLOSE?

7 REGAL CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 7 on REGAL CLOSE.