2, FORTUNE CLOSE, GREAT LEIGHS, CHELMSFORD, CM3 1RR - £323,000

2 FORTUNE CLOSE is a very small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £323,000 in March 2015, which was around 28% below the average March 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 FORTUNE CLOSE Sold Prices

Land registry data shows three sales for 2 FORTUNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 2 FORTUNE 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
2015 19 MAR	£323,000	£450,873	28% below HPI
2002 27 NOV	£229,950	£272,382	16% below HPI
1997 3 OCT	£125,000	£130,441	4% below HPI

2 FORTUNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 2 FORTUNE CLOSE sales between October 1997 and March 2015 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 November 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 FORTUNE CLOSE?

2 FORTUNE CLOSE is 90m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Great Leighs, based on EPC data. The below chart shows the distribution of detached houses by size in Great Leighs, and where 2 FORTUNE CLOSE lies on this distribution: 9% of detached houses are smaller than 2 FORTUNE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Great Leighs.

2 FORTUNE CLOSE: Plot and Title Map

2 FORTUNE CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 FORTUNE 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 FORTUNE 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 FORTUNE CLOSE?

2 FORTUNE CLOSE is located in GREAT LEIGHS, in the CM3 postcode district. The below map shows the position of No. 2 on FORTUNE CLOSE.