29, OAK LODGE TYE, SPRINGFIELD, CHELMSFORD, CM1 6GY - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 OAK LODGE TYE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £866,182. It was last sold for £710,000 in October 2016, which was around 30% above the average October 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

29 OAK LODGE TYE Sold Prices

Land registry data shows three sales for 29 OAK LODGE TYE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 29 OAK LODGE TYE 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
2016 14 OCT	£710,000	£545,504	30% above HPI
2003 28 NOV	£355,000	£307,900	15% above HPI
2000 2 MAR	£209,000	£175,228	19% above HPI

29 OAK LODGE TYE 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 three 29 OAK LODGE TYE sales between March 2000 and October 2016 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 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 29 OAK LODGE TYE be worth now?

29 OAK LODGE TYE might now be worth an estimated £866,182.

This is based on house price inflation of 22%, between October 2016 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 29 OAK LODGE TYE of £710,000 on 14th October 2016. For the value to have increased from £710,000 to £866,182 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 29 OAK LODGE TYE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The October 2016 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 29 OAK LODGE TYE has not materially changed since October 2016.

How Large is 29 OAK LODGE TYE?

29 OAK LODGE TYE is 70m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmsford, and where 29 OAK LODGE TYE lies on this distribution: 5% of detached houses houses are smaller than 29 OAK LODGE TYE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

29 OAK LODGE TYE: Plot and Title Map

29 OAK LODGE TYE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 29 OAK LODGE TYE, 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 29 OAK LODGE TYE). 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 29 OAK LODGE TYE?

29 OAK LODGE TYE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 29 on OAK LODGE TYE.