1, REGENCY CLOSE, WICKFORD, SS11 7BN - £359,000

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.

1 REGENCY CLOSE is a small extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £414,692. It was last sold for £359,000 in September 2019, which was around 40% below the average September 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

1 REGENCY CLOSE Sold Prices

Land registry data shows two sales for 1 REGENCY 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 1 REGENCY 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
2019 27 SEP	£359,000	£596,511	40% below HPI
2003 4 JUL	£250,000	£301,618	17% below HPI

1 REGENCY 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 1 REGENCY CLOSE sales from July 2003 and September 2019 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 July 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 REGENCY CLOSE be worth now?

1 REGENCY CLOSE might now be worth an estimated £414,692.

This is based on house price inflation of 15.5%, between September 2019 and May 2026, 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 15.5% inflationary increase is applied to the most recent sale price for 1 REGENCY CLOSE of £359,000 on 27th September 2019. For the value to have increased from £359,000 to £414,692 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 1 REGENCY CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2019 sale price of £359,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REGENCY CLOSE has not materially changed since September 2019.

How Large is 1 REGENCY CLOSE?

1 REGENCY CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runwell, and where 1 REGENCY CLOSE lies on this distribution: 39% of detached houses houses are smaller than 1 REGENCY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Runwell.

1 REGENCY CLOSE: Plot and Title Map

1 REGENCY CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 REGENCY 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 REGENCY 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 REGENCY CLOSE?

1 REGENCY CLOSE is located in WICKFORD, in the SS11 postcode district. The below map shows the position of No. 1 on REGENCY CLOSE.