4, ARMSTRONG CLOSE, DANBURY, CHELMSFORD, CM3 4PW - £470,000

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.

4 ARMSTRONG CLOSE is a midsized extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £623,227. It was last sold for £470,000 in June 2016, which was around 10% below the average June 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

4 ARMSTRONG CLOSE Sold Prices

Land registry data shows two sales for 4 ARMSTRONG 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. One of the two 4 ARMSTRONG CLOSE sales was for below the average price, whilst the other was 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 2 JUN	£470,000	£519,639	10% below HPI
2002 10 JAN	£293,000	£221,909	32% above HPI

4 ARMSTRONG 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 4 ARMSTRONG CLOSE sales from January 2002 and June 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 January 2002 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 ARMSTRONG CLOSE be worth now?

4 ARMSTRONG CLOSE might now be worth an estimated £623,227.

This is based on house price inflation of 32.6%, between June 2016 and May 2026, for detached 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 32.6% inflationary increase is applied to the most recent sale price for 4 ARMSTRONG CLOSE of £470,000 on 2nd June 2016. For the value to have increased from £470,000 to £623,227 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 4 ARMSTRONG CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2016 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ARMSTRONG CLOSE has not materially changed since June 2016.

How Large is 4 ARMSTRONG CLOSE?

4 ARMSTRONG CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where 4 ARMSTRONG CLOSE lies on this distribution: 41% of detached houses houses are smaller than 4 ARMSTRONG CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Danbury.

4 ARMSTRONG CLOSE: Plot and Title Map

4 ARMSTRONG CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 4 ARMSTRONG 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 4 ARMSTRONG 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 4 ARMSTRONG CLOSE?

4 ARMSTRONG CLOSE is located in DANBURY, in the CM3 postcode district. The below map shows the position of No. 4 on ARMSTRONG CLOSE.