10, SPALDING WAY, CHELMSFORD, CM2 7NZ - £585,000

10 SPALDING WAY is a midsized extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £585,000 in March 2021, which was around 2% below the average March 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

10 SPALDING WAY Sold Prices

Land registry data shows two sales for 10 SPALDING WAY 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 10 SPALDING WAY 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
2021 16 MAR	£585,000	£598,971	2% below HPI
2018 25 MAY	£420,000	£563,217	25% below HPI

10 SPALDING WAY 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 10 SPALDING WAY sales from May 2018 and March 2021 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 May 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 10 SPALDING WAY?

10 SPALDING WAY is 128m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 10 SPALDING WAY lies on this distribution: 57% of detached houses are smaller than 10 SPALDING WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

10 SPALDING WAY: Plot and Title Map

10 SPALDING WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 10 SPALDING WAY, 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 10 SPALDING WAY). 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 10 SPALDING WAY?

10 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 10 on SPALDING WAY.