2, WILLOW CLOSE, LATCHINGDON, CHELMSFORD, CM3 6XS - £456,000

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 WILLOW CLOSE is a small detached house of 106m², built in 2019, which could now be worth an estimated £480,186. It was last sold for £456,000 in March 2022, which was around 16% below the average March 2022 detached price in the Maldon local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

2 WILLOW CLOSE Sold Prices

Land registry data shows two sales for 2 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 2 WILLOW 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
2022 23 MAR	£456,000	£544,348	16% below HPI
2019 11 OCT	£397,500	£484,779	18% below HPI

2 WILLOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 2 WILLOW CLOSE sales from October 2019 and March 2022 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 October 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 WILLOW CLOSE be worth now?

2 WILLOW CLOSE might now be worth an estimated £480,186.

This is based on house price inflation of 5.3%, between March 2022 and April 2026, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for 2 WILLOW CLOSE of £456,000 on 23rd March 2022. For the value to have increased from £456,000 to £480,186 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 WILLOW CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2022 sale price of £456,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WILLOW CLOSE has not materially changed since March 2022.

How Large is 2 WILLOW CLOSE?

2 WILLOW CLOSE is 106m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses houses in Latchingdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Latchingdon, and where 2 WILLOW CLOSE lies on this distribution: 37% of detached houses houses are smaller than 2 WILLOW CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Latchingdon.

2 WILLOW CLOSE: Plot and Title Map

2 WILLOW CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 2 WILLOW 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 WILLOW 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 WILLOW CLOSE?

2 WILLOW CLOSE is located in LATCHINGDON, in the CM3 postcode district. The below map shows the position of No. 2 on WILLOW CLOSE.