7, THE WILLOWS, BOREHAM, CHELMSFORD, CM3 3DJ - £415,000

7 THE WILLOWS is a small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £415,000 in September 2021, which was around 32% below the average September 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

7 THE WILLOWS Sold Prices

Land registry data shows four sales for 7 THE WILLOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 7 THE WILLOWS 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 3 SEP	£415,000	£608,459	32% below HPI
2015 4 DEC	£314,000	£495,450	37% below HPI
2007 26 OCT	£245,500	£386,390	36% below HPI
2007 2 FEB	£230,000	£350,299	34% below HPI

7 THE WILLOWS 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 four 7 THE WILLOWS sales between February 2007 and September 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 December 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 THE WILLOWS?

7 THE WILLOWS is 89m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Boreham, based on EPC data. The below chart shows the distribution of detached houses by size in Boreham, and where 7 THE WILLOWS lies on this distribution: 23% of detached houses are smaller than 7 THE WILLOWS, and 77% of houses are larger. Note that EPC data is not available for all properties in Boreham.

7 THE WILLOWS: Plot and Title Map

7 THE WILLOWS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 7 THE WILLOWS, 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 7 THE WILLOWS). 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 7 THE WILLOWS?

7 THE WILLOWS is located in BOREHAM, in the CM3 postcode district. The below map shows the position of No. 7 on THE WILLOWS.