23, COWDRIE WAY, SPRINGFIELD, CHELMSFORD, CM2 6GL - £350,000

23 COWDRIE WAY is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £350,000 in January 2017, which was around 35% below the average January 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

23 COWDRIE WAY Sold Prices

Land registry data shows three sales for 23 COWDRIE 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 23 COWDRIE 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
2017 25 JAN	£350,000	£537,671	35% below HPI
2007 3 AUG	£259,995	£385,595	33% below HPI
2002 28 MAR	£160,000	£225,472	29% below HPI

23 COWDRIE 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 23 COWDRIE WAY sales between March 2002 and January 2017 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 23 COWDRIE WAY?

23 COWDRIE WAY is 84m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 23 COWDRIE WAY lies on this distribution: 14% of detached houses are smaller than 23 COWDRIE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

23 COWDRIE WAY: Plot and Title Map

23 COWDRIE WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 23 COWDRIE 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 23 COWDRIE 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 23 COWDRIE WAY?

23 COWDRIE WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 23 on COWDRIE WAY.