38, STIRRUP CLOSE, CHELMSFORD, CM1 6ST - £217,500

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.

38 STIRRUP CLOSE is a very small terraced house of 34m², built sometime between 1983 and 1990, which could now be worth an estimated £263,667. It was last sold for £217,500 in November 2019, which was around 24% below the average November 2019 terraced price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was A.

38 STIRRUP CLOSE Sold Prices

Land registry data shows five sales for 38 STIRRUP CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. All of the five 38 STIRRUP 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
2019 29 NOV	£217,500	£284,481	24% below HPI
2011 21 JAN	£137,500	£181,434	24% below HPI
2004 23 APR	£113,000	£149,590	24% below HPI
1997 18 DEC	£45,000	£59,931	25% below HPI
1995 30 NOV	£32,500	£48,555	33% below HPI

38 STIRRUP 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 five 38 STIRRUP CLOSE sales between November 1995 and November 2019 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 January 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2019 sale, which was also at 24% below the HPI.

What might 38 STIRRUP CLOSE be worth now?

38 STIRRUP CLOSE might now be worth an estimated £263,667.

This is based on house price inflation of 21.2%, between November 2019 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 21.2% inflationary increase is applied to the most recent sale price for 38 STIRRUP CLOSE of £217,500 on 29th November 2019. For the value to have increased from £217,500 to £263,667 over the six years and three months to August 2025, the following assumptions must hold true:

• The value of 38 STIRRUP CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The November 2019 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 38 STIRRUP CLOSE has not materially changed since November 2019.

How Large is 38 STIRRUP CLOSE?

38 STIRRUP CLOSE is 34m² according to the EPC inspection conducted in August 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 38 STIRRUP CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 STIRRUP CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

38 STIRRUP CLOSE: Plot and Title Map

38 STIRRUP CLOSE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 38 STIRRUP 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 38 STIRRUP 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 38 STIRRUP CLOSE?

38 STIRRUP CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 38 on STIRRUP CLOSE.