5, DARRELL CLOSE, CHELMSFORD, CM1 4EL - £357,000

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.

5 DARRELL CLOSE is a large terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £380,442. It was last sold for £357,000 in February 2022, which was around 11% above the average February 2022 terraced price in the Chelmsford local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

5 DARRELL CLOSE Sold Prices

Land registry data shows one sale for 5 DARRELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2022 4 FEB	£357,000	£320,346	11% above HPI

What might 5 DARRELL CLOSE be worth now?

5 DARRELL CLOSE might now be worth an estimated £380,442.

This is based on house price inflation of 6.6%, between February 2022 and May 2026, 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 6.6% inflationary increase is applied to the most recent sale price for 5 DARRELL CLOSE of £357,000 on 4th February 2022. For the value to have increased from £357,000 to £380,442 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 DARRELL CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The February 2022 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DARRELL CLOSE has not materially changed since February 2022.

How Large is 5 DARRELL CLOSE?

5 DARRELL CLOSE is 92m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of terraced houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses by size in Chelmsford, and where 5 DARRELL CLOSE lies on this distribution: 74% of terraced houses are smaller than 5 DARRELL CLOSE, and 25% of terraced houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 DARRELL CLOSE: Plot

5 DARRELL CLOSE sits on a plot of roughly 0.020 of an acre, or 81m².

Where is 5 DARRELL CLOSE?

5 DARRELL CLOSE is located in CHELMSFORD, in the CM1 postcode district.