26, RATCLIFFE GATE, SPRINGFIELD, CHELMSFORD, CM1 6AL - £586,000

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

26 RATCLIFFE GATE is a large extended detached house of 144m², built sometime between 2007 and 2011. It was last sold for £586,000 in February 2021, which was around 3% below the average February 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

26 RATCLIFFE GATE Sold Prices

Land registry data shows two sales for 26 RATCLIFFE GATE 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. One of the two 26 RATCLIFFE GATE sales was for below the average price, whilst the other was roughly equal to 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
2021 26 FEB	£586,000	£603,114	3% below HPI
2010 4 MAY	£368,500	£366,667	Close to HPI

26 RATCLIFFE GATE 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 26 RATCLIFFE GATE sales from May 2010 and February 2021 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 26 RATCLIFFE GATE?

26 RATCLIFFE GATE is 144m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 26 RATCLIFFE GATE lies on this distribution: 69% of detached houses are smaller than 26 RATCLIFFE GATE, and 30% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

26 RATCLIFFE GATE: Plot and Title Map

26 RATCLIFFE GATE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 26 RATCLIFFE GATE, 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 26 RATCLIFFE GATE). 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 26 RATCLIFFE GATE?

26 RATCLIFFE GATE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 26 on RATCLIFFE GATE.