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
232 SPRINGFIELD ROAD is a very large extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £985,000 in January 2022, which was around 53% above the average January 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 232 SPRINGFIELD ROAD since 1st 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 232 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 |
---|---|---|---|
2022 14 JAN | £985,000 | £642,721 | 53% above HPI |
2005 1 DEC | £460,000 | £327,232 | 41% above HPI |
The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 232 SPRINGFIELD ROAD sales from December 2005 and January 2022 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 December 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.
232 SPRINGFIELD ROAD is 208m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 232 SPRINGFIELD ROAD lies on this distribution: 92% of detached houses are smaller than 232 SPRINGFIELD ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.
232 SPRINGFIELD ROAD sits on a plot of roughly 0.229 of an acre, or 925m². The below map shows the location of 232 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 232 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.
232 SPRINGFIELD ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 232 on SPRINGFIELD ROAD.