43, HONEY CLOSE, CHELMSFORD, CM2 9SP - £500,000

43 HONEY CLOSE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £500,000 in January 2021, which was around 17% below the average January 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

43 HONEY CLOSE Sold Prices

Land registry data shows two sales for 43 HONEY 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 43 HONEY 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
2021 5 JAN	£500,000	£599,150	17% below HPI
2006 13 APR	£285,000	£334,679	15% below HPI

43 HONEY 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 43 HONEY CLOSE sales from April 2006 and January 2021 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 43 HONEY CLOSE?

43 HONEY CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 43 HONEY CLOSE lies on this distribution: 27% of detached houses are smaller than 43 HONEY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

43 HONEY CLOSE: Plot and Title Map

43 HONEY CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 43 HONEY 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 43 HONEY 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 43 HONEY CLOSE?

43 HONEY CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 43 on HONEY CLOSE.