8, WILLIE SEWELL LINK, SPRINGFIELD, CHELMSFORD, CM1 6BP - £500,000

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 WILLIE SEWELL LINK is a midsized extended detached house of 121m², built sometime from 2012 onwards, which could now be worth an estimated £513,427. It was last sold for £500,000 in December 2021, which was around 23% below the average December 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

8 WILLIE SEWELL LINK Sold Prices

Land registry data shows two sales for 8 WILLIE SEWELL LINK 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 WILLIE SEWELL LINK 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
2021 20 DEC	£500,000	£648,097	23% below HPI
2019 21 JUN	£427,970	£589,745	27% below HPI

8 WILLIE SEWELL LINK 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 WILLIE SEWELL LINK sales from June 2019 and December 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 June 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 WILLIE SEWELL LINK be worth now?

8 WILLIE SEWELL LINK might now be worth an estimated £513,427.

This is based on house price inflation of 2.7%, between December 2021 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 2.7% inflationary increase is applied to the most recent sale price for 8 WILLIE SEWELL LINK of £500,000 on 20th December 2021. For the value to have increased from £500,000 to £513,427 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 WILLIE SEWELL LINK has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WILLIE SEWELL LINK has not materially changed since December 2021.

How Large is 8 WILLIE SEWELL LINK?

8 WILLIE SEWELL LINK is 121m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% 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 WILLIE SEWELL LINK lies on this distribution: 51% of detached houses houses are smaller than 8 WILLIE SEWELL LINK, and 49% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 WILLIE SEWELL LINK: Plot and Title Map

8 WILLIE SEWELL LINK sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 8 WILLIE SEWELL LINK, 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 WILLIE SEWELL LINK). 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 WILLIE SEWELL LINK?

8 WILLIE SEWELL LINK is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 8 on WILLIE SEWELL LINK.