25, DARRELL CLOSE, CHELMSFORD, CM1 4EL - £360,000

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.

25 DARRELL CLOSE is a small extended terraced house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £524,796. It was last sold for £360,000 in August 2015, which was around 54% above the average August 2015 terraced price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

25 DARRELL CLOSE Sold Prices

Land registry data shows three sales for 25 DARRELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the three 25 DARRELL CLOSE sales were 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
2015 21 AUG	£360,000	£234,181	54% above HPI
2010 12 MAY	£309,995	£183,181	69% above HPI
2006 11 MAY	£240,000	£170,576	41% above HPI

25 DARRELL 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 three 25 DARRELL CLOSE sales between May 2006 and August 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 May 2010 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the August 2015 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 25 DARRELL CLOSE be worth now?

25 DARRELL CLOSE might now be worth an estimated £524,796.

This is based on house price inflation of 45.8%, between August 2015 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 45.8% inflationary increase is applied to the most recent sale price for 25 DARRELL CLOSE of £360,000 on 21st August 2015. For the value to have increased from £360,000 to £524,796 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 25 DARRELL CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The August 2015 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 25 DARRELL CLOSE has not materially changed since August 2015.

How Large is 25 DARRELL CLOSE?

25 DARRELL CLOSE is 97m², which includes one extension, 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 25 DARRELL CLOSE lies on this distribution: 25% of terraced houses houses are smaller than 25 DARRELL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

25 DARRELL CLOSE: Plot and Title Map

25 DARRELL CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 25 DARRELL 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 25 DARRELL 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 25 DARRELL CLOSE?

25 DARRELL CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 25 on DARRELL CLOSE.