51, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PJ - £260,000

51 STANLEY RISE is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £260,000 in April 2009, which was around 17% below the average April 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

51 STANLEY RISE Sold Prices

Land registry data shows four sales for 51 STANLEY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 51 STANLEY RISE 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
2009 17 APR	£260,000	£315,002	17% below HPI
2007 17 AUG	£283,000	£385,595	27% below HPI
2004 9 JAN	£240,000	£305,407	21% below HPI
1995 20 OCT	£90,000	£104,881	14% below HPI

51 STANLEY RISE 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 four 51 STANLEY RISE sales between October 1995 and April 2009 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2009 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 51 STANLEY RISE?

51 STANLEY RISE is 89m² according to the EPC inspection conducted in November 2008. 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 51 STANLEY RISE lies on this distribution: 18% of detached houses are smaller than 51 STANLEY RISE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

51 STANLEY RISE: Plot and Title Map

51 STANLEY RISE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 51 STANLEY RISE, 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 51 STANLEY RISE). 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 51 STANLEY RISE?

51 STANLEY RISE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 51 on STANLEY RISE.