2, BRAGANZA WAY, SPRINGFIELD, CHELMSFORD, CM1 6AP - £1,450,000

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

2 BRAGANZA WAY is a very large detached house of 301m², built sometime between 1996 and 2002. It was last sold for £1,450,000 in September 2023, which was around 113% above the average September 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

2 BRAGANZA WAY Sold Prices

Land registry data shows three sales for 2 BRAGANZA 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. All of the three 2 BRAGANZA WAY 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
2023 1 SEP	£1,450,000	£680,086	113% above HPI
2016 10 JUN	£1,070,000	£514,157	108% above HPI
2014 20 NOV	£999,999	£451,928	121% above HPI

2 BRAGANZA 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 2 BRAGANZA WAY sales between November 2014 and September 2023 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 June 2016 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the September 2023 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 2 BRAGANZA WAY?

2 BRAGANZA WAY is 301m² according to the EPC inspection conducted in March 2014. This puts it in the largest 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 2 BRAGANZA WAY lies on this distribution: 99% of detached houses are smaller than 2 BRAGANZA WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

2 BRAGANZA WAY: Plot and Title Map

2 BRAGANZA WAY sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of 2 BRAGANZA 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 2 BRAGANZA 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 2 BRAGANZA WAY?

2 BRAGANZA WAY is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 2 on BRAGANZA WAY.