21, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PJ - £124,000

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

21 STANLEY RISE is a midsized extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £124,000 in June 1999, which was around 16% below the average June 1999 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

21 STANLEY RISE Sold Prices

Land registry data shows two sales for 21 STANLEY RISE 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 21 STANLEY RISE sales were for below 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
1999 10 JUN	£124,000	£148,079	16% below HPI
1997 9 MAY	£112,000	£116,590	4% below HPI

21 STANLEY RISE 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 21 STANLEY RISE sales from May 1997 and June 1999 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 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 1999 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 21 STANLEY RISE?

21 STANLEY RISE is 115m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 21 STANLEY RISE lies on this distribution: 45% of detached houses are smaller than 21 STANLEY RISE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

21 STANLEY RISE: Plot and Title Map

21 STANLEY RISE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 21 STANLEY RISE, 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 21 STANLEY RISE). 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 21 STANLEY RISE?

21 STANLEY RISE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 21 on STANLEY RISE.