17, GREENWOOD CLOSE, CHELMSFORD, CM2 6PW - £318,000

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.

17 GREENWOOD CLOSE is a midsized extended terraced house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £371,527. It was last sold for £318,000 in January 2021, which was around 8% above the average January 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

17 GREENWOOD CLOSE Sold Prices

Land registry data shows two sales for 17 GREENWOOD 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 17 GREENWOOD CLOSE sales were 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
2021 22 JAN	£318,000	£295,310	8% above HPI
2004 18 JUN	£235,000	£154,621	52% above HPI

17 GREENWOOD 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 17 GREENWOOD CLOSE sales from June 2004 and January 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 June 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the January 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 17 GREENWOOD CLOSE be worth now?

17 GREENWOOD CLOSE might now be worth an estimated £371,527.

This is based on house price inflation of 16.8%, between January 2021 and July 2025, 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 16.8% inflationary increase is applied to the most recent sale price for 17 GREENWOOD CLOSE of £318,000 on 22nd January 2021. For the value to have increased from £318,000 to £371,527 over the three years and six months to July 2025, the following assumptions must hold true:

• The value of 17 GREENWOOD CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The January 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GREENWOOD CLOSE has not materially changed since January 2021.

How Large is 17 GREENWOOD CLOSE?

17 GREENWOOD CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 17 GREENWOOD CLOSE lies on this distribution: 56% of terraced houses houses are smaller than 17 GREENWOOD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

17 GREENWOOD CLOSE: Plot and Title Map

17 GREENWOOD CLOSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 17 GREENWOOD 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 17 GREENWOOD 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 17 GREENWOOD CLOSE?

17 GREENWOOD CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 17 on GREENWOOD CLOSE.