23, CHANCELLOR AVENUE, SPRINGFIELD, CHELMSFORD, CM2 6WS - £557,750

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.

23 CHANCELLOR AVENUE is a very large detached house of 171m², built sometime between 2003 and 2006, which could now be worth an estimated £760,899. It was last sold for £557,750 in September 2015, which was around 14% above the average September 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

23 CHANCELLOR AVENUE Sold Prices

Land registry data shows three sales for 23 CHANCELLOR AVENUE 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 23 CHANCELLOR AVENUE 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
2015 11 SEP	£557,750	£487,822	14% above HPI
2007 27 APR	£440,000	£367,557	20% above HPI
2001 29 JUN	£299,995	£205,180	46% above HPI

23 CHANCELLOR AVENUE 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 23 CHANCELLOR AVENUE sales between June 2001 and September 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 April 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 23 CHANCELLOR AVENUE be worth now?

23 CHANCELLOR AVENUE might now be worth an estimated £760,899.

This is based on house price inflation of 36.4%, between September 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 36.4% inflationary increase is applied to the most recent sale price for 23 CHANCELLOR AVENUE of £557,750 on 11th September 2015. For the value to have increased from £557,750 to £760,899 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 CHANCELLOR AVENUE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The September 2015 sale price of £557,750 represented a fair market value for the property.
• The size, condition, and specification of 23 CHANCELLOR AVENUE has not materially changed since September 2015.

How Large is 23 CHANCELLOR AVENUE?

23 CHANCELLOR AVENUE is 171m² according to the EPC inspection conducted in November 2012. 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 23 CHANCELLOR AVENUE lies on this distribution: 83% of detached houses houses are smaller than 23 CHANCELLOR AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

23 CHANCELLOR AVENUE: Plot and Title Map

23 CHANCELLOR AVENUE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 23 CHANCELLOR AVENUE, 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 23 CHANCELLOR AVENUE). 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 23 CHANCELLOR AVENUE?

23 CHANCELLOR AVENUE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 23 on CHANCELLOR AVENUE.