24, SILVESTER WAY, SPRINGFIELD, CHELMSFORD, CM2 6YZ - £390,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 SILVESTER WAY is a very small semi-detached house of 78m², built sometime between 1996 and 2002. It was last sold for £390,000 in April 2018, which was around 31% below the average April 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

24 SILVESTER WAY Sold Prices

Land registry data shows four sales for 24 SILVESTER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 24 SILVESTER WAY 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
2018 30 APR	£390,000	£568,341	31% below HPI
2010 27 MAY	£265,000	£366,667	28% below HPI
2004 16 JUL	£245,500	£319,375	23% below HPI
2000 27 OCT	£142,000	£197,546	28% below HPI

24 SILVESTER 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 four 24 SILVESTER WAY sales between October 2000 and April 2018 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 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 24 SILVESTER WAY?

24 SILVESTER WAY is 78m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 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 24 SILVESTER WAY lies on this distribution: 9% of detached houses are smaller than 24 SILVESTER WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

24 SILVESTER WAY: Plot and Title Map

24 SILVESTER WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 24 SILVESTER 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 24 SILVESTER 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 24 SILVESTER WAY?

24 SILVESTER WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 24 on SILVESTER WAY.