14, WEBB CLOSE, SPRINGFIELD, CHELMSFORD, CM2 6GQ - £475,000

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.

14 WEBB CLOSE is a large extended detached house of 148m², built sometime between 2003 and 2006, which could now be worth an estimated £564,565. It was last sold for £475,000 in May 2017, which was around 15% below the average May 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

14 WEBB CLOSE Sold Prices

Land registry data shows three sales for 14 WEBB CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 14 WEBB CLOSE sales were for below the average price, whilst one 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
2017 5 MAY	£475,000	£559,923	15% below HPI
2005 2 DEC	£307,500	£330,721	7% below HPI
2001 28 SEP	£220,000	£213,834	3% above HPI

14 WEBB 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 three 14 WEBB CLOSE sales between September 2001 and May 2017 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 WEBB CLOSE be worth now?

14 WEBB CLOSE might now be worth an estimated £564,565.

This is based on house price inflation of 18.9%, between May 2017 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 18.9% inflationary increase is applied to the most recent sale price for 14 WEBB CLOSE of £475,000 on 5th May 2017. For the value to have increased from £475,000 to £564,565 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 14 WEBB CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WEBB CLOSE has not materially changed since May 2017.

How Large is 14 WEBB CLOSE?

14 WEBB CLOSE is 148m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% 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 14 WEBB CLOSE lies on this distribution: 72% of detached houses houses are smaller than 14 WEBB CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

14 WEBB CLOSE: Plot and Title Map

14 WEBB CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 14 WEBB 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 14 WEBB 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 14 WEBB CLOSE?

14 WEBB CLOSE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 14 on WEBB CLOSE.