HILLVIEW, MAIN ROAD, BOREHAM, CHELMSFORD, CM3 3AD - £580,000

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

HILLVIEW is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £580,000 in November 2022, which was around 16% below the average November 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

HILLVIEW Sold Prices

Land registry data shows four sales for HILLVIEW 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 HILLVIEW 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 25 NOV	£580,000	£688,575	16% below HPI
2013 21 JUN	£310,000	£384,555	19% below HPI
2001 18 MAY	£182,500	£198,892	8% below HPI
1998 10 JUL	£112,500	£136,721	18% below HPI

HILLVIEW 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 HILLVIEW sales between July 1998 and November 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 June 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is HILLVIEW?

HILLVIEW is 104m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where HILLVIEW lies on this distribution: 41% of detached houses are smaller than HILLVIEW, and 57% of houses are larger. Note that EPC data is not available for all properties in Boreham.

HILLVIEW: Plot and Title Map

HILLVIEW sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of HILLVIEW, 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 HILLVIEW). 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 HILLVIEW?

HILLVIEW is located on MAIN ROAD in BOREHAM, in the CM3 postcode district. The below map shows the position of HILLVIEW on MAIN ROAD.