12, BARROW CHASE, SPRINGFIELD, CHELMSFORD, CM2 6GD - £465,000

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.

12 BARROW CHASE is a small extended semi-detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £502,965. It was last sold for £465,000 in January 2022, which was around 18% above the average January 2022 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

12 BARROW CHASE Sold Prices

Land registry data shows two sales for 12 BARROW CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 12 BARROW 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
2022 31 JAN	£465,000	£393,878	18% above HPI
2003 27 JUN	£210,000	£174,835	20% above HPI

12 BARROW CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 12 BARROW CHASE sales from June 2003 and January 2022 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 12 BARROW CHASE be worth now?

12 BARROW CHASE might now be worth an estimated £502,965.

This is based on house price inflation of 8.2%, between January 2022 and April 2026, for semi-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 8.2% inflationary increase is applied to the most recent sale price for 12 BARROW CHASE of £465,000 on 31st January 2022. For the value to have increased from £465,000 to £502,965 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 12 BARROW CHASE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The January 2022 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BARROW CHASE has not materially changed since January 2022.

How Large is 12 BARROW CHASE?

12 BARROW CHASE is 104m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 12 BARROW CHASE lies on this distribution: 33% of semi-detached houses houses are smaller than 12 BARROW CHASE, and 66% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

12 BARROW CHASE: Plot and Title Map

12 BARROW CHASE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 12 BARROW 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 12 BARROW 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 12 BARROW CHASE?

12 BARROW CHASE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 12 on BARROW CHASE.