1, REDRUTH CLOSE, CHELMSFORD, CM1 6JW - £391,000

1 REDRUTH CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £391,000 in December 2020, which was around 34% below the average December 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

1 REDRUTH CLOSE Sold Prices

Land registry data shows four sales for 1 REDRUTH 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 1 REDRUTH 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
2020 17 DEC	£391,000	£589,917	34% below HPI
2014 17 DEC	£285,000	£454,813	37% below HPI
2007 29 MAR	£246,000	£356,309	31% below HPI
2006 13 APR	£205,000	£334,679	39% below HPI

1 REDRUTH 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 1 REDRUTH CLOSE sales between April 2006 and December 2020 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 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 REDRUTH CLOSE?

1 REDRUTH CLOSE is 61m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 REDRUTH CLOSE lies on this distribution: 2% of detached houses are smaller than 1 REDRUTH CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 REDRUTH CLOSE: Plot and Title Map

1 REDRUTH CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 1 REDRUTH 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 1 REDRUTH 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 1 REDRUTH CLOSE?

1 REDRUTH CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 1 on REDRUTH CLOSE.