15, CARSEY CLOSE, RAMSDEN HEATH, BILLERICAY, CM11 1PB - £478,000

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.

15 CARSEY CLOSE is a very small semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £477,462. It was last sold for £478,000 in April 2023, which was around 16% above the average April 2023 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

15 CARSEY CLOSE Sold Prices

Land registry data shows three sales for 15 CARSEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the three 15 CARSEY CLOSE sales was for above the average price, whilst two 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
2023 12 APR	£478,000	£411,939	16% above HPI
2014 26 JUN	£250,000	£258,685	3% below HPI
2005 26 AUG	£195,000	£204,237	5% below HPI

15 CARSEY 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 three 15 CARSEY CLOSE sales between August 2005 and April 2023 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 15 CARSEY CLOSE be worth now?

15 CARSEY CLOSE might now be worth an estimated £477,462.

This is based on house price deflation of 0.1%, between April 2023 and February 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 0.1% deflationary decrease is applied to the most recent sale price for 15 CARSEY CLOSE of £478,000 on 12th April 2023. For the value to have decreased from £478,000 to £477,462 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 15 CARSEY CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The April 2023 sale price of £478,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CARSEY CLOSE has not materially changed since April 2023.

How Large is 15 CARSEY CLOSE?

15 CARSEY CLOSE is 71m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Ramsden Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ramsden Heath, and where 15 CARSEY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 15 CARSEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ramsden Heath.

15 CARSEY CLOSE: Plot and Title Map

15 CARSEY CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 15 CARSEY 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 15 CARSEY 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 15 CARSEY CLOSE?

15 CARSEY CLOSE is located in RAMSDEN HEATH, in the CM11 postcode district. The below map shows the position of No. 15 on CARSEY CLOSE.