13, MEGGY TYE, SPRINGFIELD, CHELMSFORD, CM2 6GA - £487,500

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.

13 MEGGY TYE is a small extended semi-detached house of 101m², built sometime between 2003 and 2006, which could now be worth an estimated £514,132. It was last sold for £487,500 in August 2024, which was around 20% above the average August 2024 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

13 MEGGY TYE Sold Prices

Land registry data shows four sales for 13 MEGGY TYE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 13 MEGGY TYE 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
2024 28 AUG	£487,500	£406,137	20% above HPI
2020 25 NOV	£410,000	£355,725	15% above HPI
2007 30 AUG	£250,000	£237,876	5% above HPI
2003 26 SEP	£190,000	£178,829	6% above HPI

13 MEGGY TYE 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 four 13 MEGGY TYE sales between September 2003 and August 2024 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 November 2020 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 13 MEGGY TYE be worth now?

13 MEGGY TYE might now be worth an estimated £514,132.

This is based on house price inflation of 5.5%, between August 2024 and May 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 5.5% inflationary increase is applied to the most recent sale price for 13 MEGGY TYE of £487,500 on 28th August 2024. For the value to have increased from £487,500 to £514,132 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 13 MEGGY TYE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The August 2024 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of 13 MEGGY TYE has not materially changed since August 2024.

How Large is 13 MEGGY TYE?

13 MEGGY TYE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 13 MEGGY TYE lies on this distribution: 29% of semi-detached houses houses are smaller than 13 MEGGY TYE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

13 MEGGY TYE: Plot and Title Map

13 MEGGY TYE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 13 MEGGY TYE, 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 13 MEGGY TYE). 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 13 MEGGY TYE?

13 MEGGY TYE is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 13 on MEGGY TYE.