2 Lobelia Close

    2, LOBELIA CLOSE, CHELMSFORD, CM1 6YE

    This terraced freehold property on Lobelia Close last sold in May 2022 for £250,000. Based on price growth in the CM1 district since then, its estimated current value is £248,311 — placing it in the 37th percentile nationally and the 16th percentile within CM1. The property covers 41 m² (441 sq ft), giving an estimated value of £6,056 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £250,000

    May 2022

    Estimated Valuation

    £248,311

    Est. £/sq ft

    £563/sq ft

    £6,056/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateOct 2021
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    27 May 2022

    £250,000

    14 Mar 2008

    £156,000

    3 Sept 2004

    £123,000

    Key Metrics

    Estimated valuation£248,311
    Value per sq ft / m²£563/sq ft (£6,056/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile16th percentile
    National percentile37th percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

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