2, ROSSETER CLOSE, CHELMSFORD, CM2 9GL - £375,000

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 ROSSETER CLOSE is a very small semi-detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £428,535. It was last sold for £375,000 in September 2021, which was about the average September 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 ROSSETER CLOSE Sold Prices

Land registry data shows four sales for 2 ROSSETER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. The four 2 ROSSETER CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 27 SEP	£375,000	£375,697	Close to HPI
2018 24 SEP	£330,000	£348,965	5% below HPI
2014 27 JAN	£232,500	£242,555	4% below HPI
2005 30 JUN	£259,995	£202,663	28% above HPI

2 ROSSETER 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 four 2 ROSSETER CLOSE sales between June 2005 and September 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 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 ROSSETER CLOSE be worth now?

2 ROSSETER CLOSE might now be worth an estimated £428,535.

This is based on house price inflation of 14.3%, between September 2021 and July 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 14.3% inflationary increase is applied to the most recent sale price for 2 ROSSETER CLOSE of £375,000 on 27th September 2021. For the value to have increased from £375,000 to £428,535 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 2 ROSSETER CLOSE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The September 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSSETER CLOSE has not materially changed since September 2021.

How Large is 2 ROSSETER CLOSE?

2 ROSSETER CLOSE is 74m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 ROSSETER CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 2 ROSSETER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 ROSSETER CLOSE: Plot and Title Map

2 ROSSETER CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 2 ROSSETER 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 ROSSETER 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 ROSSETER CLOSE?

2 ROSSETER CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 2 on ROSSETER CLOSE.