20, GOODWIN CLOSE, CHELMSFORD, CM2 9GX - £170,000

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.

20 GOODWIN CLOSE is a small terraced house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £340,228. It was last sold for £170,000 in May 2006, which was about the average May 2006 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

20 GOODWIN CLOSE Sold Prices

Land registry data shows two sales for 20 GOODWIN 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. One of the two 20 GOODWIN CLOSE sales was roughly equal to the average price, whilst the other was 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
2006 12 MAY	£170,000	£170,576	Close to HPI
2003 24 OCT	£220,000	£140,923	56% above HPI

20 GOODWIN 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 20 GOODWIN CLOSE sales from October 2003 and May 2006 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 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2006 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 20 GOODWIN CLOSE be worth now?

20 GOODWIN CLOSE might now be worth an estimated £340,228.

This is based on house price inflation of 100.1%, between May 2006 and May 2026, 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 100.1% inflationary increase is applied to the most recent sale price for 20 GOODWIN CLOSE of £170,000 on 12th May 2006. For the value to have increased from £170,000 to £340,228 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 20 GOODWIN CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2006 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GOODWIN CLOSE has not materially changed since May 2006.

How Large is 20 GOODWIN CLOSE?

20 GOODWIN CLOSE is 97m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% 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 20 GOODWIN CLOSE lies on this distribution: 25% of terraced houses houses are smaller than 20 GOODWIN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

20 GOODWIN CLOSE: Plot and Title Map

20 GOODWIN CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 20 GOODWIN 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 20 GOODWIN 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 20 GOODWIN CLOSE?

20 GOODWIN CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 20 on GOODWIN CLOSE.