415, SPRINGFIELD ROAD, CHELMSFORD, CM2 6AP - £410,000

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.

415 SPRINGFIELD ROAD is a large extended semi-detached house of 145m², built sometime before 1900, which could now be worth an estimated £666,541. It was last sold for £410,000 in April 2014, which was around 62% above the average April 2014 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

415 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 415 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Two of the three 415 SPRINGFIELD ROAD sales were for above the average price, whilst one was 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
2014 17 APR	£410,000	£253,105	62% above HPI
2012 1 OCT	£212,500	£235,463	10% below HPI
2003 17 APR	£248,000	£170,232	46% above HPI

415 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 415 SPRINGFIELD ROAD sales between April 2003 and April 2014 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 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2014 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 415 SPRINGFIELD ROAD be worth now?

415 SPRINGFIELD ROAD might now be worth an estimated £666,541.

This is based on house price inflation of 62.6%, between April 2014 and February 2025, for semi-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 62.6% inflationary increase is applied to the most recent sale price for 415 SPRINGFIELD ROAD of £410,000 on 17th April 2014. For the value to have increased from £410,000 to £666,541 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 415 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The April 2014 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 415 SPRINGFIELD ROAD has not materially changed since April 2014.

How Large is 415 SPRINGFIELD ROAD?

415 SPRINGFIELD ROAD is 145m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 415 SPRINGFIELD ROAD lies on this distribution: 70% of semi-detached houses houses are smaller than 415 SPRINGFIELD ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

415 SPRINGFIELD ROAD: Plot and Title Map

415 SPRINGFIELD ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 415 SPRINGFIELD ROAD, 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 415 SPRINGFIELD ROAD). 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 415 SPRINGFIELD ROAD?

415 SPRINGFIELD ROAD is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 415 on SPRINGFIELD ROAD.