19, SPALDING WAY, CHELMSFORD, CM2 7NZ - £425,000

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.

19 SPALDING WAY is a large extended detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £616,031. It was last sold for £425,000 in May 2015, which was around 7% below the average May 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

19 SPALDING WAY Sold Prices

Land registry data shows three sales for 19 SPALDING WAY 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. Two of the three 19 SPALDING WAY sales were for below the average price, whilst one was 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
2015 22 MAY	£425,000	£459,129	7% below HPI
2007 4 SEP	£325,000	£389,503	17% below HPI
1998 16 OCT	£170,000	£149,357	14% above HPI

19 SPALDING WAY 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 19 SPALDING WAY sales between October 1998 and May 2015 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 19 SPALDING WAY be worth now?

19 SPALDING WAY might now be worth an estimated £616,031.

This is based on house price inflation of 44.9%, between May 2015 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 44.9% inflationary increase is applied to the most recent sale price for 19 SPALDING WAY of £425,000 on 22nd May 2015. For the value to have increased from £425,000 to £616,031 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 19 SPALDING WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The May 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 19 SPALDING WAY has not materially changed since May 2015.

How Large is 19 SPALDING WAY?

19 SPALDING WAY is 134m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% 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 19 SPALDING WAY lies on this distribution: 61% of detached houses houses are smaller than 19 SPALDING WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

19 SPALDING WAY: Plot and Title Map

19 SPALDING WAY sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of 19 SPALDING WAY, 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 19 SPALDING WAY). 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 19 SPALDING WAY?

19 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 19 on SPALDING WAY.