2, BORDA CLOSE, CHELMSFORD, CM1 4JY - £249,000

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.

2 BORDA CLOSE is a midsized extended semi-detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £480,007. It was last sold for £249,000 in December 2011, which was around 11% above the average December 2011 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

2 BORDA CLOSE Sold Prices

Land registry data shows two sales for 2 BORDA 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 2 BORDA CLOSE sales was for above the average price, whilst the other was 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
2011 8 DEC	£249,000	£223,471	11% above HPI
1996 30 MAY	£59,995	£60,567	1% below HPI

2 BORDA 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 2 BORDA CLOSE sales from May 1996 and December 2011 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 May 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2011 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 BORDA CLOSE be worth now?

2 BORDA CLOSE might now be worth an estimated £480,007.

This is based on house price inflation of 92.8%, between December 2011 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 92.8% inflationary increase is applied to the most recent sale price for 2 BORDA CLOSE of £249,000 on 8th December 2011. For the value to have increased from £249,000 to £480,007 over the fourteen years and six months to June 2025, the following assumptions must hold true:

• The value of 2 BORDA CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The December 2011 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BORDA CLOSE has not materially changed since December 2011.

How Large is 2 BORDA CLOSE?

2 BORDA CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% 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 2 BORDA CLOSE lies on this distribution: 51% of semi-detached houses houses are smaller than 2 BORDA CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 BORDA CLOSE: Plot and Title Map

2 BORDA CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 BORDA 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 2 BORDA 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 2 BORDA CLOSE?

2 BORDA CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 2 on BORDA CLOSE.