59, SPALDING WAY, CHELMSFORD, CM2 7NZ - £520,000

59 SPALDING WAY is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £520,000 in August 2021, which was around 14% below the average August 2021 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.

59 SPALDING WAY Sold Prices

Land registry data shows two sales for 59 SPALDING WAY 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 59 SPALDING 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
2021 26 AUG	£520,000	£603,553	14% below HPI
2014 18 JUL	£352,500	£433,262	19% below HPI

59 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 two 59 SPALDING WAY sales from July 2014 and August 2021 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 July 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 59 SPALDING WAY?

59 SPALDING WAY is 100m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 59 SPALDING WAY lies on this distribution: 30% of detached houses are smaller than 59 SPALDING WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

59 SPALDING WAY: Plot and Title Map

59 SPALDING WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 59 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 59 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 59 SPALDING WAY?

59 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 59 on SPALDING WAY.