5, MILLFIELDS, DANBURY, CHELMSFORD, CM3 4LE - £300,000

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.

5 MILLFIELDS is a detached house, which could now be worth an estimated £628,900. It was last sold for £300,000 in December 2004, which was around 9% below the average December 2004 detached price in the Chelmsford local authority area.

5 MILLFIELDS Sold Prices

Land registry data shows two sales for 5 MILLFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 5 MILLFIELDS sales was for below the average price, whilst the other was 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
2004 3 DEC	£300,000	£328,026	9% below HPI
1996 4 APR	£110,000	£103,249	7% above HPI

What might 5 MILLFIELDS be worth now?

5 MILLFIELDS might now be worth an estimated £628,900.

This is based on house price inflation of 109.6%, between December 2004 and April 2026, for 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 109.6% inflationary increase is applied to the most recent sale price for 5 MILLFIELDS of £300,000 on 3rd December 2004. For the value to have increased from £300,000 to £628,900 over the 22 years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 MILLFIELDS has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The December 2004 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLFIELDS has not materially changed since December 2004.

Where is 5 MILLFIELDS?

5 MILLFIELDS is located in DANBURY, in the CM3 postcode district.