9, BUTTERFIELD ROAD, BOREHAM, CHELMSFORD, CM3 3BP - £345,000

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.

9 BUTTERFIELD ROAD is a very small extended detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £470,659. It was last sold for £345,000 in September 2015, which was around 29% below the average September 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

9 BUTTERFIELD ROAD Sold Prices

Land registry data shows three sales for 9 BUTTERFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 9 BUTTERFIELD ROAD 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
2015 16 SEP	£345,000	£487,822	29% below HPI
2004 16 DEC	£227,500	£328,026	31% below HPI
1999 26 AUG	£105,000	£155,149	32% below HPI

9 BUTTERFIELD ROAD 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 three 9 BUTTERFIELD ROAD sales between August 1999 and September 2015 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 December 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 BUTTERFIELD ROAD be worth now?

9 BUTTERFIELD ROAD might now be worth an estimated £470,659.

This is based on house price inflation of 36.4%, between September 2015 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 36.4% inflationary increase is applied to the most recent sale price for 9 BUTTERFIELD ROAD of £345,000 on 16th September 2015. For the value to have increased from £345,000 to £470,659 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 BUTTERFIELD ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BUTTERFIELD ROAD has not materially changed since September 2015.

How Large is 9 BUTTERFIELD ROAD?

9 BUTTERFIELD ROAD is 79m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boreham, and where 9 BUTTERFIELD ROAD lies on this distribution: 10% of detached houses houses are smaller than 9 BUTTERFIELD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Boreham.

9 BUTTERFIELD ROAD: Plot and Title Map

9 BUTTERFIELD ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 9 BUTTERFIELD ROAD, 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 9 BUTTERFIELD ROAD). 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 9 BUTTERFIELD ROAD?

9 BUTTERFIELD ROAD is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 9 on BUTTERFIELD ROAD.