7, ANVIL WAY, SPRINGFIELD, CHELMSFORD, CM1 6SZ - £613,000

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

7 ANVIL WAY is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £613,000 in January 2024, which was around 6% below the average January 2024 detached price in the Chelmsford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

7 ANVIL WAY Sold Prices

Land registry data shows three sales for 7 ANVIL WAY 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. Two of the three 7 ANVIL WAY sales were for below the average price, whilst one 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
2024 29 JAN	£613,000	£654,816	6% below HPI
2005 16 MAY	£305,000	£323,822	6% below HPI
1999 9 JUL	£167,500	£149,452	12% above HPI

7 ANVIL WAY 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 7 ANVIL WAY sales between July 1999 and January 2024 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 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2024 sale, which was also at 6% below the HPI.

How Large is 7 ANVIL WAY?

7 ANVIL WAY is 117m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 7 ANVIL WAY lies on this distribution: 47% of detached houses are smaller than 7 ANVIL WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 ANVIL WAY: Plot and Title Map

7 ANVIL WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 7 ANVIL WAY, 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 7 ANVIL WAY). 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 7 ANVIL WAY?

7 ANVIL WAY is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 7 on ANVIL WAY.