28, WRIGHT CRESCENT, SPRINGFIELD, CHELMSFORD, CM1 6DP - £500,000

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

28 WRIGHT CRESCENT is a midsized detached house of 130m². It was last sold for £500,000 in October 2024, which was around 25% below the average October 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

28 WRIGHT CRESCENT Sold Prices

Land registry data shows two sales for 28 WRIGHT CRESCENT 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 28 WRIGHT CRESCENT 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
2024 29 OCT	£500,000	£669,548	25% below HPI
2020 7 MAY	£460,000	£587,055	22% below HPI

28 WRIGHT CRESCENT 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 28 WRIGHT CRESCENT sales from May 2020 and October 2024 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 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 28 WRIGHT CRESCENT?

28 WRIGHT CRESCENT is 130m² according to the EPC inspection conducted in November 2019. This puts it in the largest 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 28 WRIGHT CRESCENT lies on this distribution: 58% of detached houses are smaller than 28 WRIGHT CRESCENT, and 41% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

28 WRIGHT CRESCENT: Plot and Title Map

28 WRIGHT CRESCENT sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 28 WRIGHT CRESCENT, 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 28 WRIGHT CRESCENT). 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 28 WRIGHT CRESCENT?

28 WRIGHT CRESCENT is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 28 on WRIGHT CRESCENT.