16, CONSTANCE CLOSE, BROOMFIELD, CHELMSFORD, CM1 7BW - £140,000

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.

16 CONSTANCE CLOSE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £159,997. It was last sold for £140,000 in June 2021, which was around 53% below the average June 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

16 CONSTANCE CLOSE Sold Prices

Land registry data shows two sales for 16 CONSTANCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 16 CONSTANCE 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
2021 18 JUN	£140,000	£298,816	53% below HPI
1995 29 SEP	£28,475	£48,826	42% below HPI

16 CONSTANCE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 16 CONSTANCE CLOSE sales from September 1995 and June 2021 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 September 1995 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 16 CONSTANCE CLOSE be worth now?

16 CONSTANCE CLOSE might now be worth an estimated £159,997.

This is based on house price inflation of 14.3%, between June 2021 and April 2026, for terraced 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 14.3% inflationary increase is applied to the most recent sale price for 16 CONSTANCE CLOSE of £140,000 on 18th June 2021. For the value to have increased from £140,000 to £159,997 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 16 CONSTANCE CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2021 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CONSTANCE CLOSE has not materially changed since June 2021.

How Large is 16 CONSTANCE CLOSE?

16 CONSTANCE CLOSE is 57m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Broomfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Broomfield, and where 16 CONSTANCE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 16 CONSTANCE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Broomfield.

16 CONSTANCE CLOSE: Plot and Title Map

16 CONSTANCE CLOSE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 16 CONSTANCE 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 16 CONSTANCE 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 16 CONSTANCE CLOSE?

16 CONSTANCE CLOSE is located in BROOMFIELD, in the CM1 postcode district. The below map shows the position of No. 16 on CONSTANCE CLOSE.