1, ALLEN WAY, SPRINGFIELD, CHELMSFORD, CM2 6GF - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ALLEN WAY is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £450,000 in November 2014, which was about the average November 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

1 ALLEN WAY Sold Prices

Land registry data shows two sales for 1 ALLEN 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. One of the two 1 ALLEN WAY sales was roughly equal to the average price, whilst the other was for above 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 21 NOV	£450,000	£451,928	Close to HPI
2003 30 SEP	£315,000	£302,214	4% above HPI

1 ALLEN 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 1 ALLEN WAY sales from September 2003 and November 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 September 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 ALLEN WAY?

1 ALLEN WAY is 136m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 1 ALLEN WAY lies on this distribution: 63% of detached houses are smaller than 1 ALLEN WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

1 ALLEN WAY: Plot and Title Map

1 ALLEN WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 ALLEN 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 1 ALLEN 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 1 ALLEN WAY?

1 ALLEN WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 1 on ALLEN WAY.