31, LICHFIELD CLOSE, CHELMSFORD, CM1 2XW - £265,000

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.

31 LICHFIELD CLOSE is a very small terraced house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £406,979. It was last sold for £265,000 in December 2014, which was around 18% above the average December 2014 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

31 LICHFIELD CLOSE Sold Prices

Land registry data shows three sales for 31 LICHFIELD 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 31 LICHFIELD 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
2014 12 DEC	£265,000	£224,555	18% above HPI
2010 27 MAY	£217,500	£183,181	19% above HPI
1998 6 APR	£79,995	£61,922	29% above HPI

31 LICHFIELD 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 31 LICHFIELD CLOSE sales between April 1998 and December 2014 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 31 LICHFIELD CLOSE be worth now?

31 LICHFIELD CLOSE might now be worth an estimated £406,979.

This is based on house price inflation of 53.6%, between December 2014 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 53.6% inflationary increase is applied to the most recent sale price for 31 LICHFIELD CLOSE of £265,000 on 12th December 2014. For the value to have increased from £265,000 to £406,979 over the eleven years and four months to August 2025, the following assumptions must hold true:

• The value of 31 LICHFIELD CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The December 2014 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LICHFIELD CLOSE has not materially changed since December 2014.

How Large is 31 LICHFIELD CLOSE?

31 LICHFIELD CLOSE is 69m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% 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 31 LICHFIELD CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 31 LICHFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

31 LICHFIELD CLOSE: Plot and Title Map

31 LICHFIELD CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 31 LICHFIELD 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 31 LICHFIELD 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 31 LICHFIELD CLOSE?

31 LICHFIELD CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 31 on LICHFIELD CLOSE.