25, SPALDING WAY, CHELMSFORD, CM2 7NZ - £605,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 SPALDING WAY is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £605,000 in July 2022, which was around 11% below the average July 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

25 SPALDING WAY Sold Prices

Land registry data shows two sales for 25 SPALDING WAY since 1^st 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 25 SPALDING 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
2022 21 JUL	£605,000	£680,795	11% below HPI
2013 25 OCT	£345,000	£398,628	13% below HPI

25 SPALDING 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 two 25 SPALDING WAY sales from October 2013 and July 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 October 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 25 SPALDING WAY?

25 SPALDING WAY is 113m², which includes three extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 25 SPALDING WAY lies on this distribution: 44% of detached houses are smaller than 25 SPALDING WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

25 SPALDING WAY: Plot and Title Map

25 SPALDING WAY sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 25 SPALDING 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 25 SPALDING 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 25 SPALDING WAY?

25 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 25 on SPALDING WAY.