57, OAK LODGE TYE, SPRINGFIELD, CHELMSFORD, CM1 6GY - £390,000

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

57 OAK LODGE TYE is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £390,000 in August 2015, which was around 18% below the average August 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

57 OAK LODGE TYE Sold Prices

Land registry data shows two sales for 57 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. Both of the two 57 OAK LODGE TYE 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
2015 25 AUG	£390,000	£473,341	18% below HPI
1999 21 MAY	£117,000	£146,756	20% below HPI

57 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 57 OAK LODGE TYE sales from May 1999 and August 2015 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 May 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 57 OAK LODGE TYE?

57 OAK LODGE TYE is 133m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 57 OAK LODGE TYE lies on this distribution: 61% of detached houses are smaller than 57 OAK LODGE TYE, and 38% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

57 OAK LODGE TYE: Plot and Title Map

57 OAK LODGE TYE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 57 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 57 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 57 OAK LODGE TYE?

57 OAK LODGE TYE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 57 on OAK LODGE TYE.