15, LODGE VALE, SPRINGFIELD, CHELMSFORD, CM1 6AX - £867,500

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 LODGE VALE is a very large detached house of 187m², which could now be worth an estimated £833,256. It was last sold for £867,500 in December 2022, which was around 25% above the average December 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was B.

15 LODGE VALE Sold Prices

Land registry data shows two sales for 15 LODGE VALE 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 LODGE VALE 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
2022 8 DEC	£867,500	£692,851	25% above HPI
2018 29 MAR	£755,000	£579,136	30% above HPI

15 LODGE VALE 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 LODGE VALE sales from March 2018 and December 2022 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 March 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 LODGE VALE be worth now?

15 LODGE VALE might now be worth an estimated £833,256.

This is based on house price deflation of 3.9%, between December 2022 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 3.9% deflationary decrease is applied to the most recent sale price for 15 LODGE VALE of £867,500 on 8th December 2022. For the value to have decreased from £867,500 to £833,256 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 LODGE VALE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2022 sale price of £867,500 represented a fair market value for the property.
• The size, condition, and specification of 15 LODGE VALE has not materially changed since December 2022.

How Large is 15 LODGE VALE?

15 LODGE VALE is 187m² according to the EPC inspection conducted in March 2018. 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 LODGE VALE lies on this distribution: 88% of detached houses houses are smaller than 15 LODGE VALE, and 12% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 LODGE VALE: Plot and Title Map

15 LODGE VALE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 15 LODGE VALE, 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 LODGE VALE). 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 LODGE VALE?

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