3, REGAL CLOSE, CHELMSFORD, CM2 9RJ - £340,000

3 REGAL CLOSE is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £340,000 in October 2007, which was around 12% below the average October 2007 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

3 REGAL CLOSE Sold Prices

Land registry data shows two sales for 3 REGAL 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 Chelmsford local authority area for the corresponding sale date. Both of the two 3 REGAL 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
2007 30 OCT	£340,000	£386,390	12% below HPI
2004 7 APR	£298,000	£310,507	4% below HPI

3 REGAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 3 REGAL CLOSE sales from April 2004 and October 2007 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 April 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 REGAL CLOSE?

3 REGAL CLOSE is 108m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 3 REGAL CLOSE lies on this distribution: 38% of detached houses are smaller than 3 REGAL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 REGAL CLOSE: Plot and Title Map

3 REGAL CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 REGAL 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 3 REGAL 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 3 REGAL CLOSE?

3 REGAL CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 3 on REGAL CLOSE.