8, BILLERS CHASE, SPRINGFIELD, CHELMSFORD, CM1 6BD - £620,000

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.

8 BILLERS CHASE is a very large detached house of 228m², built sometime between 1996 and 2002, which could now be worth an estimated £1,133,175. It was last sold for £620,000 in April 2010, which was around 70% above the average April 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

8 BILLERS CHASE Sold Prices

Land registry data shows two sales for 8 BILLERS CHASE 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 8 BILLERS CHASE sales 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
2010 9 APR	£620,000	£364,119	70% above HPI
2003 21 FEB	£594,000	£287,800	106% above HPI

8 BILLERS CHASE 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 8 BILLERS CHASE sales from February 2003 and April 2010 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 February 2003 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the April 2010 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 8 BILLERS CHASE be worth now?

8 BILLERS CHASE might now be worth an estimated £1,133,175.

This is based on house price inflation of 82.8%, between April 2010 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 82.8% inflationary increase is applied to the most recent sale price for 8 BILLERS CHASE of £620,000 on 9th April 2010. For the value to have increased from £620,000 to £1,133,175 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 8 BILLERS CHASE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2010 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BILLERS CHASE has not materially changed since April 2010.

How Large is 8 BILLERS CHASE?

8 BILLERS CHASE is 228m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 8 BILLERS CHASE lies on this distribution: 95% of detached houses houses are smaller than 8 BILLERS CHASE, and 5% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 BILLERS CHASE: Plot and Title Map

8 BILLERS CHASE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 8 BILLERS CHASE, 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 8 BILLERS CHASE). 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 8 BILLERS CHASE?

8 BILLERS CHASE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 8 on BILLERS CHASE.