9, YONGE CLOSE, BOREHAM, CHELMSFORD, CM3 3GY - £249,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 YONGE CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £414,364. It was last sold for £249,995 in November 2013, which was around 38% below the average November 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

9 YONGE CLOSE Sold Prices

Land registry data shows two sales for 9 YONGE 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 9 YONGE 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
2013 15 NOV	£249,995	£402,870	38% below HPI
2008 31 OCT	£240,000	£361,256	34% below HPI

9 YONGE 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 9 YONGE CLOSE sales from October 2008 and November 2013 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 October 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 9 YONGE CLOSE be worth now?

9 YONGE CLOSE might now be worth an estimated £414,364.

This is based on house price inflation of 65.7%, between November 2013 and December 2024, 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 65.7% inflationary increase is applied to the most recent sale price for 9 YONGE CLOSE of £249,995 on 15th November 2013. For the value to have increased from £249,995 to £414,364 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 9 YONGE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2013 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 9 YONGE CLOSE has not materially changed since November 2013.

How Large is 9 YONGE CLOSE?

9 YONGE CLOSE is 115m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% 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 YONGE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 9 YONGE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Boreham.

9 YONGE CLOSE: Plot and Title Map

9 YONGE CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 9 YONGE 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 9 YONGE 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 9 YONGE CLOSE?

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