31, COWDRIE WAY, SPRINGFIELD, CHELMSFORD, CM2 6GL - £295,000

31 COWDRIE WAY is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £295,000 in July 2014, which was around 32% below the average July 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

31 COWDRIE WAY Sold Prices

Land registry data shows three sales for 31 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 31 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
2014 15 JUL	£295,000	£433,262	32% below HPI
2004 20 AUG	£248,000	£325,250	24% below HPI
2002 28 JUN	£165,000	£245,730	33% below HPI

31 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 31 COWDRIE WAY sales between June 2002 and July 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 August 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 31 COWDRIE WAY?

31 COWDRIE WAY is 84m² according to the EPC inspection conducted in March 2014. 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 31 COWDRIE WAY lies on this distribution: 14% of detached houses are smaller than 31 COWDRIE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

31 COWDRIE WAY: Plot and Title Map

31 COWDRIE WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 31 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 31 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 31 COWDRIE WAY?

31 COWDRIE WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 31 on COWDRIE WAY.