287, SPRINGFIELD ROAD, CHELMSFORD, CM1 7RB - £421,825

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.

287 SPRINGFIELD ROAD is a small extended terraced house of 94m², built sometime before 1900, which could now be worth an estimated £557,598. It was last sold for £421,825 in December 2016, which was around 62% above the average December 2016 terraced price in the Chelmsford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

287 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 287 SPRINGFIELD ROAD 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 287 SPRINGFIELD ROAD 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
2016 2 DEC	£421,825	£260,530	62% above HPI
2014 22 AUG	£310,000	£215,968	44% above HPI
2012 5 OCT	£250,000	£193,072	29% above HPI
1995 17 NOV	£49,000	£48,555	1% above HPI

287 SPRINGFIELD ROAD 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 287 SPRINGFIELD ROAD sales between November 1995 and December 2016 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 August 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2016 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 287 SPRINGFIELD ROAD be worth now?

287 SPRINGFIELD ROAD might now be worth an estimated £557,598.

This is based on house price inflation of 32.2%, between December 2016 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 32.2% inflationary increase is applied to the most recent sale price for 287 SPRINGFIELD ROAD of £421,825 on 2nd December 2016. For the value to have increased from £421,825 to £557,598 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 287 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The December 2016 sale price of £421,825 represented a fair market value for the property.
• The size, condition, and specification of 287 SPRINGFIELD ROAD has not materially changed since December 2016.

How Large is 287 SPRINGFIELD ROAD?

287 SPRINGFIELD ROAD is 94m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 287 SPRINGFIELD ROAD lies on this distribution: 22% of terraced houses houses are smaller than 287 SPRINGFIELD ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

287 SPRINGFIELD ROAD: Plot and Title Map

287 SPRINGFIELD ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 287 SPRINGFIELD ROAD, 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 287 SPRINGFIELD ROAD). 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 287 SPRINGFIELD ROAD?

287 SPRINGFIELD ROAD is located in CHELMSFORD, in the CM1 postcode district. The below map shows the position of No. 287 on SPRINGFIELD ROAD.