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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 SPRINGFIELD PARK LANE is a very small semi-detached house of 70m², built sometime between 1900 and 1929. It was last sold for £205,000 in August 2013, which was around 48% below the average August 2013 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 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	£390,498	48% below HPI
2001 26 SEP	£105,000	£211,579	50% below HPI

15 SPRINGFIELD PARK LANE 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 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2013 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

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 detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 15 SPRINGFIELD PARK LANE lies on this distribution: 5% of detached 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.