116, ORCHARD WAY, BOREHAM, CHELMSFORD, CM3 3GR - £345,000

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.

116 ORCHARD WAY is a midsized semi-detached house of 89m², built in 2020, which could now be worth an estimated £403,358. It was last sold for £345,000 in June 2021, which was around 6% below the average June 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was B.

116 ORCHARD WAY Sold Prices

Land registry data shows one sale for 116 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 JUN	£345,000	£366,354	6% below HPI

What might 116 ORCHARD WAY be worth now?

116 ORCHARD WAY might now be worth an estimated £403,358.

This is based on house price inflation of 16.9%, between June 2021 and May 2026, for semi-detached 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 16.9% inflationary increase is applied to the most recent sale price for 116 ORCHARD WAY of £345,000 on 25th June 2021. For the value to have increased from £345,000 to £403,358 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 116 ORCHARD WAY has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 116 ORCHARD WAY has not materially changed since June 2021.

How Large is 116 ORCHARD WAY?

116 ORCHARD WAY is 89m² according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of semi-detached houses in Boreham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Boreham, and where 116 ORCHARD WAY lies on this distribution: 50% of semi-detached houses are smaller than 116 ORCHARD WAY, and 46% of semi-detached houses are larger. Note that EPC data is not available for all properties in Boreham.

116 ORCHARD WAY: Plot

116 ORCHARD WAY sits on a plot of roughly 0.041 of an acre, or 167m².

Where is 116 ORCHARD WAY?

116 ORCHARD WAY is located in BOREHAM, in the CM3 postcode district.