12, LAKIN CLOSE, CHELMSFORD, CM2 6RU - £199,500

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.

12 LAKIN CLOSE is a very small semi-detached house of 44m², built sometime between 1976 and 1982, which could now be worth an estimated £431,399. It was last sold for £199,500 in January 2005, which was about the average January 2005 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was A.

12 LAKIN CLOSE Sold Prices

Land registry data shows two sales for 12 LAKIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 12 LAKIN CLOSE sales was roughly equal to the average price, whilst the other was for above 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
2005 17 JAN	£199,500	£199,220	Close to HPI
1995 4 DEC	£62,000	£60,552	2% above HPI

12 LAKIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 12 LAKIN CLOSE sales from December 1995 and January 2005 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 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2005 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 12 LAKIN CLOSE be worth now?

12 LAKIN CLOSE might now be worth an estimated £431,399.

This is based on house price inflation of 116.2%, between January 2005 and June 2025, for semi-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 116.2% inflationary increase is applied to the most recent sale price for 12 LAKIN CLOSE of £199,500 on 17th January 2005. For the value to have increased from £199,500 to £431,399 over the nineteen years and seven months to June 2025, the following assumptions must hold true:

• The value of 12 LAKIN CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The January 2005 sale price of £199,500 represented a fair market value for the property.
• The size, condition, and specification of 12 LAKIN CLOSE has not materially changed since January 2005.

How Large is 12 LAKIN CLOSE?

12 LAKIN CLOSE is 44m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 12 LAKIN CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 12 LAKIN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 LAKIN CLOSE: Plot and Title Map

12 LAKIN CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 LAKIN 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 LAKIN 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 LAKIN CLOSE?

12 LAKIN CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 12 on LAKIN CLOSE.