12, GERNON CLOSE, BROOMFIELD, CHELMSFORD, CM1 7HW - £405,000

12 GERNON CLOSE is a midsized extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £405,000 in September 2015, which was around 16% below the average September 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

12 GERNON CLOSE Sold Prices

Land registry data shows two sales for 12 GERNON 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 12 GERNON 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
2015 29 SEP	£405,000	£482,675	16% below HPI
2010 19 NOV	£330,000	£377,406	13% below HPI

12 GERNON 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 12 GERNON CLOSE sales from November 2010 and September 2015 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 November 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 GERNON CLOSE?

12 GERNON CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 12 GERNON CLOSE lies on this distribution: 54% of detached houses are smaller than 12 GERNON CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

12 GERNON CLOSE: Plot and Title Map

12 GERNON CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 12 GERNON 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 12 GERNON 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 12 GERNON CLOSE?

12 GERNON CLOSE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 12 on GERNON CLOSE.