5, BILLERS CHASE, SPRINGFIELD, CHELMSFORD, CM1 6BD - £1,020,000

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

5 BILLERS CHASE is a very large detached house of 240m², built sometime between 1996 and 2002. It was last sold for £1,020,000 in July 2023, which was around 52% above the average July 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

5 BILLERS CHASE Sold Prices

Land registry data shows two sales for 5 BILLERS CHASE 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. Both of the two 5 BILLERS CHASE 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
2023 4 JUL	£1,020,000	£672,888	52% above HPI
2003 5 JUN	£499,995	£296,450	69% above HPI

5 BILLERS CHASE 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 5 BILLERS CHASE sales from June 2003 and July 2023 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 June 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 5 BILLERS CHASE?

5 BILLERS CHASE is 240m² according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 5 BILLERS CHASE lies on this distribution: 96% of detached houses are smaller than 5 BILLERS CHASE, and 4% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 BILLERS CHASE: Plot and Title Map

5 BILLERS CHASE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 BILLERS CHASE, 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 5 BILLERS CHASE). 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 5 BILLERS CHASE?

5 BILLERS CHASE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 5 on BILLERS CHASE.