46, OAK LODGE TYE, SPRINGFIELD, CHELMSFORD, CM1 6GZ - £725,000

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.

46 OAK LODGE TYE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £701,236. It was last sold for £725,000 in July 2022, which was around 5% above the average July 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

46 OAK LODGE TYE Sold Prices

Land registry data shows two sales for 46 OAK LODGE TYE 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. One of the two 46 OAK LODGE TYE sales was for above the average price, whilst the other 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
2022 12 JUL	£725,000	£688,054	5% above HPI
2005 6 APR	£290,000	£323,587	10% below HPI

46 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 two 46 OAK LODGE TYE sales from April 2005 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 April 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 46 OAK LODGE TYE be worth now?

46 OAK LODGE TYE might now be worth an estimated £701,236.

This is based on house price deflation of 3.3%, between July 2022 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 3.3% deflationary decrease is applied to the most recent sale price for 46 OAK LODGE TYE of £725,000 on 12th July 2022. For the value to have decreased from £725,000 to £701,236 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 46 OAK LODGE TYE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 46 OAK LODGE TYE has not materially changed since July 2022.

How Large is 46 OAK LODGE TYE?

46 OAK LODGE TYE is 107m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% 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 46 OAK LODGE TYE lies on this distribution: 36% of detached houses houses are smaller than 46 OAK LODGE TYE, and 63% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

46 OAK LODGE TYE: Plot and Title Map

46 OAK LODGE TYE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 46 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 46 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 46 OAK LODGE TYE?

46 OAK LODGE TYE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 46 on OAK LODGE TYE.