41, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PJ - £650,000

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

41 STANLEY RISE is a very small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £650,000 in July 2022, which was around 5% below the average July 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

41 STANLEY RISE Sold Prices

Land registry data shows three sales for 41 STANLEY RISE 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 41 STANLEY RISE 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 28 JUL	£650,000	£680,795	5% below HPI
2015 2 OCT	£360,000	£492,136	27% below HPI
2000 25 AUG	£149,995	£191,264	22% below HPI

41 STANLEY RISE 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 41 STANLEY RISE sales between August 2000 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 41 STANLEY RISE?

41 STANLEY RISE is 91m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 41 STANLEY RISE lies on this distribution: 20% of detached houses are smaller than 41 STANLEY RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

41 STANLEY RISE: Plot and Title Map

41 STANLEY RISE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 41 STANLEY RISE, 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 41 STANLEY RISE). 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 41 STANLEY RISE?

41 STANLEY RISE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 41 on STANLEY RISE.