1, MEGGY TYE, SPRINGFIELD, CHELMSFORD, CM2 6GA - £560,000

1 MEGGY TYE is a small detached house of 98m², built sometime between 2003 and 2006. It was last sold for £560,000 in June 2023, which was around 16% below the average June 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

1 MEGGY TYE Sold Prices

Land registry data shows two sales for 1 MEGGY TYE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 1 MEGGY TYE 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
2023 30 JUN	£560,000	£669,246	16% below HPI
2003 29 AUG	£227,700	£297,562	23% below HPI

1 MEGGY TYE 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 two 1 MEGGY TYE sales from August 2003 and June 2023 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 MEGGY TYE?

1 MEGGY TYE is 98m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 MEGGY TYE lies on this distribution: 27% of detached houses are smaller than 1 MEGGY TYE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 MEGGY TYE: Plot and Title Map

1 MEGGY TYE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 1 MEGGY TYE, 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 1 MEGGY TYE). 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 1 MEGGY TYE?

1 MEGGY TYE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 1 on MEGGY TYE.