3, TOWNSEND, SPRINGFIELD, CHELMSFORD, CM2 6GB - £273,000

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.

3 TOWNSEND is a midsized semi-detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £534,648. It was last sold for £273,000 in March 2012, which was around 25% above the average March 2012 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 TOWNSEND Sold Prices

Land registry data shows three sales for 3 TOWNSEND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 3 TOWNSEND 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
2012 12 MAR	£273,000	£219,224	25% above HPI
2006 14 AUG	£266,000	£212,188	25% above HPI
2002 20 DEC	£210,000	£161,303	30% above HPI

3 TOWNSEND Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The three 3 TOWNSEND sales between December 2002 and March 2012 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 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2012 sale, which was also at 25% above the HPI.

What might 3 TOWNSEND be worth now?

3 TOWNSEND might now be worth an estimated £534,648.

This is based on house price inflation of 95.8%, between March 2012 and July 2025, for semi-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 95.8% inflationary increase is applied to the most recent sale price for 3 TOWNSEND of £273,000 on 12th March 2012. For the value to have increased from £273,000 to £534,648 over the twelve years and eight months to July 2025, the following assumptions must hold true:

• The value of 3 TOWNSEND has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The March 2012 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TOWNSEND has not materially changed since March 2012.

How Large is 3 TOWNSEND?

3 TOWNSEND is 123m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 3 TOWNSEND lies on this distribution: 53% of semi-detached houses houses are smaller than 3 TOWNSEND, and 47% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

3 TOWNSEND: Plot and Title Map

3 TOWNSEND sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 TOWNSEND, 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 3 TOWNSEND). 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 3 TOWNSEND?

3 TOWNSEND is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 3 on TOWNSEND.