11, BILLERS CHASE, SPRINGFIELD, CHELMSFORD, CM1 6BD - £800,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 BILLERS CHASE is a very large detached house of 199m², built sometime between 1996 and 2002, which could now be worth an estimated £902,260. It was last sold for £800,000 in November 2019, which was around 36% above the average November 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

11 BILLERS CHASE Sold Prices

Land registry data shows five sales for 11 BILLERS CHASE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the five 11 BILLERS CHASE sales were 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
2019 27 NOV	£800,000	£590,075	36% above HPI
2016 28 OCT	£708,888	£545,504	30% above HPI
2012 5 NOV	£550,000	£392,626	40% above HPI
2009 27 AUG	£499,995	£342,198	46% above HPI
2003 23 SEP	£464,000	£305,436	52% above HPI

11 BILLERS CHASE 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 five 11 BILLERS CHASE sales between September 2003 and November 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 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2019 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 11 BILLERS CHASE be worth now?

11 BILLERS CHASE might now be worth an estimated £902,260.

This is based on house price inflation of 12.8%, between November 2019 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for 11 BILLERS CHASE of £800,000 on 27th November 2019. For the value to have increased from £800,000 to £902,260 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 BILLERS CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2019 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BILLERS CHASE has not materially changed since November 2019.

How Large is 11 BILLERS CHASE?

11 BILLERS CHASE is 199m² according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 11 BILLERS CHASE lies on this distribution: 91% of detached houses houses are smaller than 11 BILLERS CHASE, and 9% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 BILLERS CHASE: Plot and Title Map

11 BILLERS CHASE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 11 BILLERS CHASE, 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 11 BILLERS CHASE). 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 11 BILLERS CHASE?

11 BILLERS CHASE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 11 on BILLERS CHASE.