36, BLACKSMITH CLOSE, SPRINGFIELD, CHELMSFORD, CM1 6SY - £385,000

36 BLACKSMITH CLOSE is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £385,000 in May 2019, which was around 35% below the average May 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

36 BLACKSMITH CLOSE Sold Prices

Land registry data shows two sales for 36 BLACKSMITH CLOSE 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 36 BLACKSMITH CLOSE 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
2019 22 MAY	£385,000	£593,093	35% below HPI
1995 12 OCT	£89,000	£104,881	15% below HPI

36 BLACKSMITH CLOSE 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 36 BLACKSMITH CLOSE sales from October 1995 and May 2019 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 October 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 36 BLACKSMITH CLOSE?

36 BLACKSMITH CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 36 BLACKSMITH CLOSE lies on this distribution: 16% of detached houses are smaller than 36 BLACKSMITH CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

36 BLACKSMITH CLOSE: Plot and Title Map

36 BLACKSMITH CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 36 BLACKSMITH CLOSE, 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 36 BLACKSMITH CLOSE). 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 36 BLACKSMITH CLOSE?

36 BLACKSMITH CLOSE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 36 on BLACKSMITH CLOSE.