15, BILLERS CHASE, SPRINGFIELD, CHELMSFORD, CM1 6BD - £466,000

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.

15 BILLERS CHASE is a very large detached house of 169m², built sometime between 2003 and 2006, which could now be worth an estimated £867,374. It was last sold for £466,000 in November 2009, which was around 30% above the average November 2009 detached price in the Chelmsford local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

15 BILLERS CHASE Sold Prices

Land registry data shows two sales for 15 BILLERS CHASE 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 15 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
2009 19 NOV	£466,000	£357,543	30% above HPI
2005 16 DEC	£429,000	£330,721	30% above HPI

15 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 two 15 BILLERS CHASE sales from December 2005 and November 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 December 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2009 sale, which was also at 30% above the HPI.

What might 15 BILLERS CHASE be worth now?

15 BILLERS CHASE might now be worth an estimated £867,374.

This is based on house price inflation of 86.1%, between November 2009 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 86.1% inflationary increase is applied to the most recent sale price for 15 BILLERS CHASE of £466,000 on 19th November 2009. For the value to have increased from £466,000 to £867,374 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 BILLERS CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2009 sale price of £466,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BILLERS CHASE has not materially changed since November 2009.

How Large is 15 BILLERS CHASE?

15 BILLERS CHASE is 169m² according to the EPC inspection conducted in December 2008. This puts it in the largest 20% 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 15 BILLERS CHASE lies on this distribution: 82% of detached houses houses are smaller than 15 BILLERS CHASE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 BILLERS CHASE: Plot and Title Map

15 BILLERS CHASE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 15 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 15 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 15 BILLERS CHASE?

15 BILLERS CHASE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 15 on BILLERS CHASE.