35, SILVESTER WAY, SPRINGFIELD, CHELMSFORD, CM2 6YZ - £380,000

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

35 SILVESTER WAY is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £380,000 in July 2016, which was around 28% below the average July 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

35 SILVESTER WAY Sold Prices

Land registry data shows four sales for 35 SILVESTER WAY 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 35 SILVESTER 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
2016 29 JUL	£380,000	£524,445	28% below HPI
2004 8 OCT	£219,750	£327,699	33% below HPI
2001 2 MAR	£144,995	£196,549	26% below HPI
2000 19 MAY	£139,000	£178,874	22% below HPI

35 SILVESTER 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 four 35 SILVESTER WAY sales between May 2000 and July 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 October 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 35 SILVESTER WAY?

35 SILVESTER WAY is 92m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 35 SILVESTER WAY lies on this distribution: 21% of detached houses are smaller than 35 SILVESTER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

35 SILVESTER WAY: Plot and Title Map

35 SILVESTER WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 35 SILVESTER 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 35 SILVESTER 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 35 SILVESTER WAY?

35 SILVESTER WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 35 on SILVESTER WAY.