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

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 OAK LODGE TYE is a very large extended detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £782,982. It was last sold for £705,000 in June 2021, which was around 18% 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	£599,220	18% above HPI
2001 19 FEB	£270,000	£197,565	37% 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 17 OAK LODGE TYE be worth now?

17 OAK LODGE TYE might now be worth an estimated £782,982.

This is based on house price inflation of 11.1%, between June 2021 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 11.1% inflationary increase is applied to the most recent sale price for 17 OAK LODGE TYE of £705,000 on 30th June 2021. For the value to have increased from £705,000 to £782,982 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 17 OAK LODGE TYE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of 17 OAK LODGE TYE has not materially changed since June 2021.

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 houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 17 OAK LODGE TYE lies on this distribution: 80% of detached houses 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.