11, SPALDING WAY, CHELMSFORD, CM2 7NZ - £392,000

11 SPALDING WAY is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £392,000 in April 2018, which was around 31% below the average April 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

11 SPALDING WAY Sold Prices

Land registry data shows two sales for 11 SPALDING 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 11 SPALDING 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
2018 27 APR	£392,000	£568,341	31% below HPI
1997 19 AUG	£115,000	£126,702	9% below HPI

11 SPALDING 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 11 SPALDING WAY sales from August 1997 and April 2018 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 August 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 SPALDING WAY?

11 SPALDING WAY is 86m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 11 SPALDING WAY lies on this distribution: 16% of detached houses are smaller than 11 SPALDING WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 SPALDING WAY: Plot and Title Map

11 SPALDING WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 11 SPALDING 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 11 SPALDING 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 11 SPALDING WAY?

11 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 11 on SPALDING WAY.