72, KELVEDON CLOSE, CHELMSFORD, CM1 4DG - £545,000

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

72 KELVEDON CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £545,000 in December 2022, which was around 21% below the average December 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

72 KELVEDON CLOSE Sold Prices

Land registry data shows four sales for 72 KELVEDON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 72 KELVEDON 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 7 DEC	£545,000	£685,542	21% below HPI
2014 7 MAR	£313,000	£414,017	24% below HPI
2006 7 SEP	£241,950	£344,761	30% below HPI
2001 10 APR	£145,000	£199,471	27% below HPI

72 KELVEDON 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 four 72 KELVEDON CLOSE sales between April 2001 and December 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 March 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 72 KELVEDON CLOSE?

72 KELVEDON CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in May 2022. 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 72 KELVEDON CLOSE lies on this distribution: 34% of detached houses are smaller than 72 KELVEDON CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

72 KELVEDON CLOSE: Plot and Title Map

72 KELVEDON CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 72 KELVEDON 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 72 KELVEDON 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 72 KELVEDON CLOSE?

72 KELVEDON CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 72 on KELVEDON CLOSE.