26, ALLEN WAY, SPRINGFIELD, CHELMSFORD, CM2 6GF - £367,500

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.

26 ALLEN WAY is a very small terraced house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £420,776. It was last sold for £367,500 in March 2021, which was around 22% above the average March 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

26 ALLEN WAY Sold Prices

Land registry data shows four sales for 26 ALLEN WAY 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. All of the four 26 ALLEN 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
2021 16 MAR	£367,500	£300,783	22% above HPI
2017 24 JUL	£340,000	£278,580	22% above HPI
2005 12 AUG	£220,000	£166,330	32% above HPI
2003 30 OCT	£185,000	£140,923	31% above HPI

26 ALLEN 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 four 26 ALLEN WAY sales between October 2003 and March 2021 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 July 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2021 sale, which was also at 22% above the HPI.

What might 26 ALLEN WAY be worth now?

26 ALLEN WAY might now be worth an estimated £420,776.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for 26 ALLEN WAY of £367,500 on 16th March 2021. For the value to have increased from £367,500 to £420,776 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 26 ALLEN WAY has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The March 2021 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 26 ALLEN WAY has not materially changed since March 2021.

How Large is 26 ALLEN WAY?

26 ALLEN WAY is 91m² according to the EPC inspection conducted in March 2017. 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 26 ALLEN WAY lies on this distribution: 20% of terraced houses houses are smaller than 26 ALLEN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

26 ALLEN WAY: Plot and Title Map

26 ALLEN WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 26 ALLEN 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 26 ALLEN 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 26 ALLEN WAY?

26 ALLEN WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 26 on ALLEN WAY.