17, OAK LODGE TYE, SPRINGFIELD, CHELMSFORD, CM1 6GY - £705,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 OAK LODGE TYE is a very large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £705,000 in June 2021, which was around 19% above the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

17 OAK LODGE TYE Sold Prices

Land registry data shows two sales for 17 OAK LODGE TYE 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 17 OAK LODGE TYE 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
2021 30 JUN	£705,000	£592,899	19% above HPI
2001 19 FEB	£270,000	£195,480	38% above HPI

17 OAK LODGE TYE 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 17 OAK LODGE TYE sales from February 2001 and June 2021 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 February 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 17 OAK LODGE TYE?

17 OAK LODGE TYE is 165m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 17 OAK LODGE TYE lies on this distribution: 80% of detached houses are smaller than 17 OAK LODGE TYE, and 19% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

17 OAK LODGE TYE: Plot and Title Map

17 OAK LODGE TYE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 17 OAK LODGE TYE, 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 OAK LODGE TYE). 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 OAK LODGE TYE?

17 OAK LODGE TYE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 17 on OAK LODGE TYE.