242, SPRINGFIELD ROAD, CHELMSFORD, CM2 6BS - £1,075,000

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

242 SPRINGFIELD ROAD is a very large extended detached house of 196m², built sometime between 1930 and 1949. It was last sold for £1,075,000 in August 2017, which was around 89% above the average August 2017 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

242 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 242 SPRINGFIELD ROAD 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 242 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
2017 30 AUG	£1,075,000	£568,445	89% above HPI
2011 11 NOV	£500,000	£367,757	36% above HPI
2006 22 AUG	£411,000	£342,418	20% above HPI
2001 6 SEP	£300,000	£211,579	42% above HPI

242 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 four 242 SPRINGFIELD ROAD sales between September 2001 and August 2017 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 November 2011 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2017 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 242 SPRINGFIELD ROAD?

242 SPRINGFIELD ROAD is 196m², which includes three extensions, according to the EPC inspection conducted in June 2016. 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 242 SPRINGFIELD ROAD lies on this distribution: 90% of detached houses are smaller than 242 SPRINGFIELD ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

242 SPRINGFIELD ROAD: Plot and Title Map

242 SPRINGFIELD ROAD sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 242 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 242 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 242 SPRINGFIELD ROAD?

242 SPRINGFIELD ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 242 on SPRINGFIELD ROAD.