8, ORCHARD CLOSE, CHELMSFORD, CM2 9SL - £523,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 ORCHARD CLOSE is a large detached house of 141m², built sometime between 1950 and 1966. It was last sold for £523,000 in June 2018, which was around 6% below the average June 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

8 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 8 ORCHARD 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 8 ORCHARD 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
2018 22 JUN	£523,000	£558,123	6% below HPI
2004 29 SEP	£317,000	£328,539	4% below HPI

8 ORCHARD 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 8 ORCHARD CLOSE sales from September 2004 and June 2018 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 September 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 ORCHARD CLOSE?

8 ORCHARD CLOSE is 141m² according to the EPC inspection conducted in April 2018. This puts it in the largest 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 8 ORCHARD CLOSE lies on this distribution: 67% of detached houses are smaller than 8 ORCHARD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 ORCHARD CLOSE: Plot and Title Map

8 ORCHARD CLOSE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 8 ORCHARD 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 8 ORCHARD 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 8 ORCHARD CLOSE?

8 ORCHARD CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 8 on ORCHARD CLOSE.