2, ABELL WAY, SPRINGFIELD, CHELMSFORD, CM2 6WU - £480,000

2 ABELL WAY is a midsized detached house of 125m², built sometime between 1996 and 2002. It was last sold for £480,000 in August 2014, which was around 10% above the average August 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 ABELL WAY Sold Prices

Land registry data shows three sales for 2 ABELL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 2 ABELL WAY sales were for above 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
2014 29 AUG	£480,000	£435,105	10% above HPI
2004 8 APR	£350,000	£310,507	13% above HPI
1998 30 NOV	£182,950	£146,365	25% above HPI

2 ABELL 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 three 2 ABELL WAY sales between November 1998 and August 2014 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 April 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 ABELL WAY?

2 ABELL WAY is 125m² according to the EPC inspection conducted in April 2014. 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 2 ABELL WAY lies on this distribution: 54% of detached houses are smaller than 2 ABELL WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 ABELL WAY: Plot and Title Map

2 ABELL WAY sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 2 ABELL 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 2 ABELL 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 2 ABELL WAY?

2 ABELL WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 2 on ABELL WAY.