8, ABBESS CLOSE, CHELMSFORD, CM1 2SE - £507,500

8 ABBESS CLOSE is a midsized extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £507,500 in September 2022, which was around 26% below the average September 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

8 ABBESS CLOSE Sold Prices

Land registry data shows three sales for 8 ABBESS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 8 ABBESS 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
2022 15 SEP	£507,500	£688,607	26% below HPI
2007 14 AUG	£274,000	£385,595	29% below HPI
2003 10 JAN	£225,000	£282,470	20% below HPI

8 ABBESS 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 three 8 ABBESS CLOSE sales between January 2003 and September 2022 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 ABBESS CLOSE?

8 ABBESS CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 8 ABBESS CLOSE lies on this distribution: 57% of detached houses are smaller than 8 ABBESS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 ABBESS CLOSE: Plot and Title Map

8 ABBESS CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 8 ABBESS 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 8 ABBESS 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 8 ABBESS CLOSE?

8 ABBESS CLOSE is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 8 on ABBESS CLOSE.