24, CHURCH LANE, SPRINGFIELD, CHELMSFORD, CM1 7SG - £270,000

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.

24 CHURCH LANE is a very small terraced house of 57m², built sometime before 1900, which could now be worth an estimated £284,538. It was last sold for £270,000 in June 2024, which was around 17% below the average June 2024 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

24 CHURCH LANE Sold Prices

Land registry data shows four sales for 24 CHURCH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. two of the four 24 CHURCH LANE sales were for below the average price, and four 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 21 JUN	£270,000	£326,791	17% below HPI
2006 1 SEP	£165,000	£174,922	6% below HPI
2000 14 FEB	£92,000	£77,963	18% above HPI
1997 30 MAY	£59,995	£53,832	11% above HPI

24 CHURCH LANE 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 four 24 CHURCH LANE sales between May 1997 and June 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 September 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 24 CHURCH LANE be worth now?

24 CHURCH LANE might now be worth an estimated £284,538.

This is based on house price inflation of 5.4%, between June 2024 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 5.4% inflationary increase is applied to the most recent sale price for 24 CHURCH LANE of £270,000 on 21st June 2024. For the value to have increased from £270,000 to £284,538 over the one year to June 2025, the following assumptions must hold true:

• The value of 24 CHURCH LANE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2024 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHURCH LANE has not materially changed since June 2024.

How Large is 24 CHURCH LANE?

24 CHURCH LANE is 57m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 24 CHURCH LANE lies on this distribution: 2% of terraced houses houses are smaller than 24 CHURCH LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

24 CHURCH LANE: Plot and Title Map

24 CHURCH LANE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 24 CHURCH LANE, 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 24 CHURCH LANE). 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 24 CHURCH LANE?

24 CHURCH LANE is located in SPRINGFIELD, in the CM1 postcode district. The below map shows the position of No. 24 on CHURCH LANE.