31, LILY CLOSE, CHELMSFORD, CM1 6YN - £289,995

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 LILY CLOSE is a small extended terraced house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £394,232. It was last sold for £289,995 in March 2016, which was around 14% above the average March 2016 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

31 LILY CLOSE Sold Prices

Land registry data shows three sales for 31 LILY 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 LILY 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
2016 17 MAR	£289,995	£253,329	14% above HPI
2000 19 OCT	£115,000	£86,969	32% above HPI
1996 8 NOV	£66,000	£50,705	30% above HPI

31 LILY 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 LILY CLOSE sales between November 1996 and March 2016 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 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 31 LILY CLOSE be worth now?

31 LILY CLOSE might now be worth an estimated £394,232.

This is based on house price inflation of 35.9%, between March 2016 and June 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 35.9% inflationary increase is applied to the most recent sale price for 31 LILY CLOSE of £289,995 on 17th March 2016. For the value to have increased from £289,995 to £394,232 over the eight years and nine months to June 2025, the following assumptions must hold true:

• The value of 31 LILY CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2016 sale price of £289,995 represented a fair market value for the property.
• The size, condition, and specification of 31 LILY CLOSE has not materially changed since March 2016.

How Large is 31 LILY CLOSE?

31 LILY CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 31 LILY CLOSE lies on this distribution: 27% of terraced houses houses are smaller than 31 LILY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

31 LILY CLOSE: Plot and Title Map

31 LILY CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 31 LILY 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 LILY 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 LILY CLOSE?

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