10, FAWKNER CLOSE, CHELMSFORD, CM2 6UP - £360,000

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.

10 FAWKNER CLOSE is a midsized extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £578,617. It was last sold for £360,000 in June 2014, which was around 16% below the average June 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

10 FAWKNER CLOSE Sold Prices

Land registry data shows three sales for 10 FAWKNER CLOSE 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 10 FAWKNER 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
2014 5 JUN	£360,000	£428,708	16% below HPI
2004 25 JUN	£249,000	£317,663	22% below HPI
2001 23 AUG	£182,000	£212,073	14% below HPI

10 FAWKNER 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 three 10 FAWKNER CLOSE sales between August 2001 and June 2014 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 10 FAWKNER CLOSE be worth now?

10 FAWKNER CLOSE might now be worth an estimated £578,617.

This is based on house price inflation of 60.7%, between June 2014 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 60.7% inflationary increase is applied to the most recent sale price for 10 FAWKNER CLOSE of £360,000 on 5th June 2014. For the value to have increased from £360,000 to £578,617 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 10 FAWKNER CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2014 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FAWKNER CLOSE has not materially changed since June 2014.

How Large is 10 FAWKNER CLOSE?

10 FAWKNER CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 10 FAWKNER CLOSE lies on this distribution: 40% of detached houses houses are smaller than 10 FAWKNER CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

10 FAWKNER CLOSE: Plot and Title Map

10 FAWKNER CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 10 FAWKNER 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 10 FAWKNER 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 10 FAWKNER CLOSE?

10 FAWKNER CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 10 on FAWKNER CLOSE.