6, SPRINGFIELD PARK LANE, CHELMSFORD, CM2 6EG - £377,500

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.

6 SPRINGFIELD PARK LANE is a small extended semi-detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £400,574. It was last sold for £377,500 in November 2021, which was around 3% below the average November 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

6 SPRINGFIELD PARK LANE Sold Prices

Land registry data shows two sales for 6 SPRINGFIELD PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 6 SPRINGFIELD PARK LANE sales was for below the average price, whilst the other was 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
2021 4 NOV	£377,500	£387,773	3% below HPI
1996 17 JUL	£67,950	£62,080	9% above HPI

6 SPRINGFIELD PARK LANE 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 two 6 SPRINGFIELD PARK LANE sales from July 1996 and November 2021 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 July 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 6 SPRINGFIELD PARK LANE be worth now?

6 SPRINGFIELD PARK LANE might now be worth an estimated £400,574.

This is based on house price inflation of 6.1%, between November 2021 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 6.1% inflationary increase is applied to the most recent sale price for 6 SPRINGFIELD PARK LANE of £377,500 on 4th November 2021. For the value to have increased from £377,500 to £400,574 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 SPRINGFIELD PARK LANE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The November 2021 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGFIELD PARK LANE has not materially changed since November 2021.

How Large is 6 SPRINGFIELD PARK LANE?

6 SPRINGFIELD PARK LANE is 96m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 6 SPRINGFIELD PARK LANE lies on this distribution: 24% of semi-detached houses houses are smaller than 6 SPRINGFIELD PARK LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

6 SPRINGFIELD PARK LANE: Plot and Title Map

6 SPRINGFIELD PARK LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 6 SPRINGFIELD PARK LANE, 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 6 SPRINGFIELD PARK LANE). 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 6 SPRINGFIELD PARK LANE?

6 SPRINGFIELD PARK LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 6 on SPRINGFIELD PARK LANE.