20, HOBART CLOSE, CHELMSFORD, CM1 2ES - £335,000

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 HOBART CLOSE is a small terraced house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £411,022. It was last sold for £335,000 in November 2018, which was around 19% above the average November 2018 terraced price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was E.

20 HOBART CLOSE Sold Prices

Land registry data shows two sales for 20 HOBART 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 HOBART 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
2018 23 NOV	£335,000	£281,079	19% above HPI
2016 30 MAR	£247,000	£253,329	2% below HPI

20 HOBART 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 HOBART CLOSE sales from March 2016 and November 2018 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 March 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 20 HOBART CLOSE be worth now?

20 HOBART CLOSE might now be worth an estimated £411,022.

This is based on house price inflation of 22.7%, between November 2018 and August 2025, 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 22.7% inflationary increase is applied to the most recent sale price for 20 HOBART CLOSE of £335,000 on 23rd November 2018. For the value to have increased from £335,000 to £411,022 over the seven years and three months to August 2025, the following assumptions must hold true:

• The value of 20 HOBART CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 20 HOBART CLOSE has not materially changed since November 2018.

How Large is 20 HOBART CLOSE?

20 HOBART CLOSE is 96m² according to the EPC inspection conducted in May 2015. 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 HOBART CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 20 HOBART CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

20 HOBART CLOSE: Plot and Title Map

20 HOBART CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 20 HOBART 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 HOBART 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 HOBART CLOSE?

20 HOBART CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 20 on HOBART CLOSE.