12, TOWNSEND, SPRINGFIELD, CHELMSFORD, CM2 6GB - £127,500

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 TOWNSEND is a very small flat of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £132,205. It was last sold for £127,500 in February 2021, which was around 37% below the average February 2021 flat price in the Chelmsford local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

12 TOWNSEND Sold Prices

Land registry data shows five sales for 12 TOWNSEND since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. All of the five 12 TOWNSEND 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 1 FEB	£127,500	£202,995	37% below HPI
2017 13 OCT	£127,500	£196,857	35% below HPI
2014 9 OCT	£90,000	£156,418	42% below HPI
2007 12 OCT	£105,000	£153,432	32% below HPI
2004 19 OCT	£90,000	£130,421	31% below HPI

What might 12 TOWNSEND be worth now?

12 TOWNSEND might now be worth an estimated £132,205.

This is based on house price inflation of 3.7%, between February 2021 and April 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 12 TOWNSEND of £127,500 on 1st February 2021. For the value to have increased from £127,500 to £132,205 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 12 TOWNSEND has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2021 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 12 TOWNSEND has not materially changed since February 2021.

How Large is 12 TOWNSEND?

12 TOWNSEND is 43m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of flats in Chelmsford, based on EPC data. 15% of flats are smaller than 12 TOWNSEND, and 83% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

12 TOWNSEND: Plot

12 TOWNSEND sits on a plot of roughly 0.129 of an acre, or 522m².

Where is 12 TOWNSEND?

12 TOWNSEND is located in SPRINGFIELD, in the CM2 postcode district.