15, COWDRIE WAY, SPRINGFIELD, CHELMSFORD, CM2 6GL - £288,500

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.

15 COWDRIE WAY is a very small terraced house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £444,546. It was last sold for £288,500 in May 2015, which was around 29% above the average May 2015 terraced price in the Chelmsford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

15 COWDRIE WAY Sold Prices

Land registry data shows two sales for 15 COWDRIE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 15 COWDRIE WAY 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
2015 14 MAY	£288,500	£223,499	29% above HPI
2001 20 MAR	£147,500	£87,724	68% above HPI

15 COWDRIE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 15 COWDRIE WAY sales from March 2001 and May 2015 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 March 2001 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the May 2015 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 15 COWDRIE WAY be worth now?

15 COWDRIE WAY might now be worth an estimated £444,546.

This is based on house price inflation of 54.1%, between May 2015 and June 2025, for terraced 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 54.1% inflationary increase is applied to the most recent sale price for 15 COWDRIE WAY of £288,500 on 14th May 2015. For the value to have increased from £288,500 to £444,546 over the nine years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 COWDRIE WAY has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The May 2015 sale price of £288,500 represented a fair market value for the property.
• The size, condition, and specification of 15 COWDRIE WAY has not materially changed since May 2015.

How Large is 15 COWDRIE WAY?

15 COWDRIE WAY is 80m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 15 COWDRIE WAY lies on this distribution: 10% of terraced houses houses are smaller than 15 COWDRIE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

15 COWDRIE WAY: Plot and Title Map

15 COWDRIE WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 15 COWDRIE 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 15 COWDRIE 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 15 COWDRIE WAY?

15 COWDRIE WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 15 on COWDRIE WAY.