7, COWDRIE WAY, SPRINGFIELD, CHELMSFORD, CM2 6GL - £208,000

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.

7 COWDRIE WAY is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £412,759. It was last sold for £208,000 in March 2006, which was around 38% below the average March 2006 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was B.

7 COWDRIE WAY Sold Prices

Land registry data shows two sales for 7 COWDRIE WAY 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 7 COWDRIE WAY 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
2006 10 MAR	£208,000	£335,363	38% below HPI
2001 24 MAY	£145,500	£201,013	28% below HPI

7 COWDRIE 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 two 7 COWDRIE WAY sales from May 2001 and March 2006 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2006 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 7 COWDRIE WAY be worth now?

7 COWDRIE WAY might now be worth an estimated £412,759.

This is based on house price inflation of 98.4%, between March 2006 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 98.4% inflationary increase is applied to the most recent sale price for 7 COWDRIE WAY of £208,000 on 10th March 2006. For the value to have increased from £208,000 to £412,759 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of 7 COWDRIE WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The March 2006 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COWDRIE WAY has not materially changed since March 2006.

How Large is 7 COWDRIE WAY?

7 COWDRIE WAY is 77m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% 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 7 COWDRIE WAY lies on this distribution: 9% of detached houses houses are smaller than 7 COWDRIE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

7 COWDRIE WAY: Plot and Title Map

7 COWDRIE WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 7 COWDRIE 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 COWDRIE 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 COWDRIE WAY?

7 COWDRIE WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 7 on COWDRIE WAY.