15, SPRINGFIELD PARK LANE, CHELMSFORD, CM2 6EQ - £205,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 SPRINGFIELD PARK LANE is a very small semi-detached house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £356,389. It was last sold for £205,000 in August 2013, which was around 13% below the average August 2013 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

15 SPRINGFIELD PARK LANE Sold Prices

Land registry data shows two sales for 15 SPRINGFIELD PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 15 SPRINGFIELD PARK LANE sales were for below 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
2013 27 AUG	£205,000	£236,686	13% below HPI
2001 26 SEP	£105,000	£119,828	12% below HPI

15 SPRINGFIELD PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 15 SPRINGFIELD PARK LANE sales from September 2001 and August 2013 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 SPRINGFIELD PARK LANE be worth now?

15 SPRINGFIELD PARK LANE might now be worth an estimated £356,389.

This is based on house price inflation of 73.8%, between August 2013 and February 2025, for semi-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 73.8% inflationary increase is applied to the most recent sale price for 15 SPRINGFIELD PARK LANE of £205,000 on 27th August 2013. For the value to have increased from £205,000 to £356,389 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 15 SPRINGFIELD PARK LANE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2013 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRINGFIELD PARK LANE has not materially changed since August 2013.

How Large is 15 SPRINGFIELD PARK LANE?

15 SPRINGFIELD PARK LANE is 70m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 15 SPRINGFIELD PARK LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 15 SPRINGFIELD PARK LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 SPRINGFIELD PARK LANE: Plot and Title Map

15 SPRINGFIELD PARK LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 15 SPRINGFIELD PARK LANE, 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 SPRINGFIELD PARK LANE). 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 SPRINGFIELD PARK LANE?

15 SPRINGFIELD PARK LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 15 on SPRINGFIELD PARK LANE.