2, CONSTANCE CLOSE, BROOMFIELD, CHELMSFORD, CM1 7BW - £380,000

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.

2 CONSTANCE CLOSE is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £436,966. It was last sold for £380,000 in June 2021, which was around 37% below the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 CONSTANCE CLOSE Sold Prices

Land registry data shows one sale for 2 CONSTANCE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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 30 JUN	£380,000	£599,220	37% below HPI

What might 2 CONSTANCE CLOSE be worth now?

2 CONSTANCE CLOSE might now be worth an estimated £436,966.

This is based on house price inflation of 15%, between June 2021 and May 2026, for 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 15% inflationary increase is applied to the most recent sale price for 2 CONSTANCE CLOSE of £380,000 on 30th June 2021. For the value to have increased from £380,000 to £436,966 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 2 CONSTANCE CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CONSTANCE CLOSE has not materially changed since June 2021.

How Large is 2 CONSTANCE CLOSE?

2 CONSTANCE CLOSE is 74m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Broomfield, based on EPC data. The below chart shows the distribution of detached houses by size in Broomfield, and where 2 CONSTANCE CLOSE lies on this distribution: 8% of detached houses are smaller than 2 CONSTANCE CLOSE, and 90% of detached houses are larger. Note that EPC data is not available for all properties in Broomfield.

2 CONSTANCE CLOSE: Plot

2 CONSTANCE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m².

Where is 2 CONSTANCE CLOSE?

2 CONSTANCE CLOSE is located in BROOMFIELD, in the CM1 postcode district.