28, SPALDING WAY, CHELMSFORD, CM2 7NZ - £575,000

28 SPALDING WAY is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £575,000 in April 2016, which was around 11% above the average April 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

28 SPALDING WAY Sold Prices

Land registry data shows three sales for 28 SPALDING 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. One of the three 28 SPALDING WAY sales was for above the average price, whilst two 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
2016 22 APR	£575,000	£518,314	11% above HPI
2014 11 DEC	£425,000	£454,813	7% below HPI
2001 17 DEC	£215,000	£219,796	2% below HPI

28 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 three 28 SPALDING WAY sales between December 2001 and April 2016 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 December 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 28 SPALDING WAY?

28 SPALDING WAY is 114m², which includes four extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 28 SPALDING WAY lies on this distribution: 45% of detached houses are smaller than 28 SPALDING WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

28 SPALDING WAY: Plot and Title Map

28 SPALDING WAY sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 28 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 28 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 28 SPALDING WAY?

28 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 28 on SPALDING WAY.