224, SPRINGFIELD ROAD, CHELMSFORD, CM2 6BN - £1,430,000

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

224 SPRINGFIELD ROAD is a very large extended detached house of 230m², built sometime before 1900. It was last sold for £1,430,000 in April 2024, which was around 117% above the average April 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

224 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 224 SPRINGFIELD ROAD 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 224 SPRINGFIELD ROAD 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
2024 17 APR	£1,430,000	£660,001	117% above HPI
2012 12 JUL	£850,000	£380,944	123% above HPI
1999 31 MAR	£245,000	£140,715	74% above HPI

224 SPRINGFIELD ROAD 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 224 SPRINGFIELD ROAD sales between March 1999 and April 2024 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 July 2012 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the April 2024 sale, where it falls to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is 224 SPRINGFIELD ROAD?

224 SPRINGFIELD ROAD is 230m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 224 SPRINGFIELD ROAD lies on this distribution: 95% of detached houses are smaller than 224 SPRINGFIELD ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

224 SPRINGFIELD ROAD: Plot and Title Map

224 SPRINGFIELD ROAD sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of 224 SPRINGFIELD ROAD, 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 224 SPRINGFIELD ROAD). 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 224 SPRINGFIELD ROAD?

224 SPRINGFIELD ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 224 on SPRINGFIELD ROAD.