6, ALDRIDGE CLOSE, CHELMSFORD, CM2 6QG - £312,500

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.

6 ALDRIDGE CLOSE is a very small terraced house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £323,875. It was last sold for £312,500 in July 2023, which was around 6% below the average July 2023 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

6 ALDRIDGE CLOSE Sold Prices

Land registry data shows eight sales for 6 ALDRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. The eight 6 ALDRIDGE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2023 7 JUL	£312,500	£332,292	6% below HPI
2021 15 MAR	£265,000	£300,783	12% below HPI
2012 8 OCT	£185,000	£193,072	4% below HPI
2005 14 OCT	£161,000	£164,817	2% below HPI
2001 27 JUL	£94,000	£91,838	2% above HPI
2001 12 FEB	£87,500	£87,212	Close to HPI
1999 30 APR	£66,000	£65,908	Close to HPI
1997 28 FEB	£53,000	£51,163	4% above HPI

6 ALDRIDGE 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 eight 6 ALDRIDGE CLOSE sales between February 1997 and July 2023 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 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 6 ALDRIDGE CLOSE be worth now?

6 ALDRIDGE CLOSE might now be worth an estimated £323,875.

This is based on house price inflation of 3.6%, between July 2023 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 3.6% inflationary increase is applied to the most recent sale price for 6 ALDRIDGE CLOSE of £312,500 on 7th July 2023. For the value to have increased from £312,500 to £323,875 over the two years and one month to June 2025, the following assumptions must hold true:

• The value of 6 ALDRIDGE CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The July 2023 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 6 ALDRIDGE CLOSE has not materially changed since July 2023.

How Large is 6 ALDRIDGE CLOSE?

6 ALDRIDGE CLOSE is 58m² according to the EPC inspection conducted in June 2023. 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 6 ALDRIDGE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 6 ALDRIDGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

6 ALDRIDGE CLOSE: Plot and Title Map

6 ALDRIDGE CLOSE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 6 ALDRIDGE 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 6 ALDRIDGE 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 6 ALDRIDGE CLOSE?

6 ALDRIDGE CLOSE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 6 on ALDRIDGE CLOSE.