5, OAK LODGE TYE, SPRINGFIELD, CHELMSFORD, CM1 6GY - £365,000

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.

5 OAK LODGE TYE is a large detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £656,290. It was last sold for £365,000 in July 2011, which was around 1% below the average July 2011 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

5 OAK LODGE TYE Sold Prices

Land registry data shows three sales for 5 OAK LODGE TYE 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. One of the three 5 OAK LODGE TYE sales was for below the average price, whilst two 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
2011 22 JUL	£365,000	£370,123	1% below HPI
2000 23 JUN	£215,000	£184,374	17% above HPI
1997 27 MAR	£139,950	£113,266	24% above HPI

5 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 three 5 OAK LODGE TYE sales between March 1997 and July 2011 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 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2011 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 OAK LODGE TYE be worth now?

5 OAK LODGE TYE might now be worth an estimated £656,290.

This is based on house price inflation of 79.8%, between July 2011 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 79.8% inflationary increase is applied to the most recent sale price for 5 OAK LODGE TYE of £365,000 on 22nd July 2011. For the value to have increased from £365,000 to £656,290 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 5 OAK LODGE TYE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The July 2011 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK LODGE TYE has not materially changed since July 2011.

How Large is 5 OAK LODGE TYE?

5 OAK LODGE TYE is 142m² according to the EPC inspection conducted in July 2010. This puts it in the largest 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 5 OAK LODGE TYE lies on this distribution: 67% of detached houses houses are smaller than 5 OAK LODGE TYE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 OAK LODGE TYE: Plot and Title Map

5 OAK LODGE TYE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 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 5 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 5 OAK LODGE TYE?

5 OAK LODGE TYE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 5 on OAK LODGE TYE.