38, MILLFIELDS, WRITTLE, CHELMSFORD, CM1 3LP - £245,000

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.

38 MILLFIELDS is a large flat of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £236,884. It was last sold for £245,000 in February 2023, which was around 13% above the average February 2023 flat price in the Chelmsford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

38 MILLFIELDS Sold Prices

Land registry data shows two sales for 38 MILLFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Both of the two 38 MILLFIELDS 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
2023 10 FEB	£245,000	£217,698	13% above HPI
2011 24 NOV	£157,500	£130,931	20% above HPI

What might 38 MILLFIELDS be worth now?

38 MILLFIELDS might now be worth an estimated £236,884.

This is based on house price deflation of 3.3%, between February 2023 and April 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% deflationary decrease is applied to the most recent sale price for 38 MILLFIELDS of £245,000 on 10th February 2023. For the value to have decreased from £245,000 to £236,884 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 38 MILLFIELDS has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MILLFIELDS has not materially changed since February 2023.

How Large is 38 MILLFIELDS?

38 MILLFIELDS is 70m² according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of flats in Writtle, based on EPC data. 69% of flats are smaller than 38 MILLFIELDS, and 30% of flats are larger. Note that EPC data is not available for all properties in Writtle.

38 MILLFIELDS: Plot

38 MILLFIELDS sits on a plot of roughly 1.7 acres, or 6,828m².

Where is 38 MILLFIELDS?

38 MILLFIELDS is located in WRITTLE, in the CM1 postcode district.