20, RATCLIFFE GATE, SPRINGFIELD, CHELMSFORD, CM1 6AL - £515,000

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.

20 RATCLIFFE GATE is a midsized extended detached house of 132m², built sometime between 2007 and 2011, which could now be worth an estimated £599,721. It was last sold for £515,000 in August 2020, which was around 13% below the average August 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

20 RATCLIFFE GATE Sold Prices

Land registry data shows one sale for 20 RATCLIFFE GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 14 AUG	£515,000	£591,709	13% below HPI

What might 20 RATCLIFFE GATE be worth now?

20 RATCLIFFE GATE might now be worth an estimated £599,721.

This is based on house price inflation of 16.5%, between August 2020 and May 2026, for 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 16.5% inflationary increase is applied to the most recent sale price for 20 RATCLIFFE GATE of £515,000 on 14th August 2020. For the value to have increased from £515,000 to £599,721 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 20 RATCLIFFE GATE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2020 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RATCLIFFE GATE has not materially changed since August 2020.

How Large is 20 RATCLIFFE GATE?

20 RATCLIFFE GATE is 132m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 20 RATCLIFFE GATE lies on this distribution: 59% of detached houses are smaller than 20 RATCLIFFE GATE, and 40% of detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

20 RATCLIFFE GATE: Plot

20 RATCLIFFE GATE sits on a plot of roughly 0.043 of an acre, or 173m².

Where is 20 RATCLIFFE GATE?

20 RATCLIFFE GATE is located in SPRINGFIELD, in the CM1 postcode district.