17, CHANCELLOR AVENUE, SPRINGFIELD, CHELMSFORD, CM2 6WS - £575,000

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.

17 CHANCELLOR AVENUE is a midsized detached house of 126m², built sometime from 2007 onwards, which could now be worth an estimated £703,329. It was last sold for £575,000 in August 2016, which was around 6% above the average August 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

17 CHANCELLOR AVENUE Sold Prices

Land registry data shows three sales for 17 CHANCELLOR AVENUE 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. All of the three 17 CHANCELLOR AVENUE 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
2016 11 AUG	£575,000	£544,074	6% above HPI
2003 30 MAY	£347,000	£298,052	16% above HPI
2001 6 JUN	£260,000	£205,180	27% above HPI

17 CHANCELLOR AVENUE 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 17 CHANCELLOR AVENUE sales between June 2001 and August 2016 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 May 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 17 CHANCELLOR AVENUE be worth now?

17 CHANCELLOR AVENUE might now be worth an estimated £703,329.

This is based on house price inflation of 22.3%, between August 2016 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 22.3% inflationary increase is applied to the most recent sale price for 17 CHANCELLOR AVENUE of £575,000 on 11th August 2016. For the value to have increased from £575,000 to £703,329 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 17 CHANCELLOR AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2016 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHANCELLOR AVENUE has not materially changed since August 2016.

How Large is 17 CHANCELLOR AVENUE?

17 CHANCELLOR AVENUE is 126m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% 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 17 CHANCELLOR AVENUE lies on this distribution: 55% of detached houses houses are smaller than 17 CHANCELLOR AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

17 CHANCELLOR AVENUE: Plot and Title Map

17 CHANCELLOR AVENUE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 17 CHANCELLOR AVENUE, 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 17 CHANCELLOR AVENUE). 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 17 CHANCELLOR AVENUE?

17 CHANCELLOR AVENUE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 17 on CHANCELLOR AVENUE.