57, GOODWIN CLOSE, CHELMSFORD, CM2 9GX - £390,000

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.

57 GOODWIN CLOSE is a very small terraced house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £445,554. It was last sold for £390,000 in June 2021, which was around 31% above the average June 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

57 GOODWIN CLOSE Sold Prices

Land registry data shows five sales for 57 GOODWIN 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 57 GOODWIN 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
2021 29 JUN	£390,000	£298,816	31% above HPI
2008 31 MAR	£240,000	£191,375	25% above HPI
2008 27 MAR	£230,000	£191,375	20% above HPI
2005 24 MAR	£215,000	£159,353	35% above HPI
2003 25 JUN	£195,000	£137,424	42% above HPI

57 GOODWIN 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 57 GOODWIN CLOSE sales between June 2003 and June 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 March 2008 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 57 GOODWIN CLOSE be worth now?

57 GOODWIN CLOSE might now be worth an estimated £445,554.

This is based on house price inflation of 14.2%, between June 2021 and May 2026, 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 14.2% inflationary increase is applied to the most recent sale price for 57 GOODWIN CLOSE of £390,000 on 29th June 2021. For the value to have increased from £390,000 to £445,554 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 57 GOODWIN CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 57 GOODWIN CLOSE has not materially changed since June 2021.

How Large is 57 GOODWIN CLOSE?

57 GOODWIN CLOSE is 80m² according to the EPC inspection conducted in March 2021. 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 57 GOODWIN CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 57 GOODWIN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

57 GOODWIN CLOSE: Plot and Title Map

57 GOODWIN CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 57 GOODWIN 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 57 GOODWIN 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 57 GOODWIN CLOSE?

57 GOODWIN CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 57 on GOODWIN CLOSE.