5, SILVESTER WAY, SPRINGFIELD, CHELMSFORD, CM2 6YZ - £336,000

5 SILVESTER WAY is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £336,000 in September 2016, which was around 38% below the average September 2016 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

5 SILVESTER WAY Sold Prices

Land registry data shows two sales for 5 SILVESTER WAY 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. Both of the two 5 SILVESTER WAY sales were for below 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 28 SEP	£336,000	£540,296	38% below HPI
2000 30 JUN	£137,000	£182,428	25% below HPI

5 SILVESTER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 5 SILVESTER WAY sales from June 2000 and September 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 June 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 SILVESTER WAY?

5 SILVESTER WAY is 94m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 5 SILVESTER WAY lies on this distribution: 23% of detached houses are smaller than 5 SILVESTER WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

5 SILVESTER WAY: Plot and Title Map

5 SILVESTER WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 SILVESTER 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 5 SILVESTER 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 5 SILVESTER WAY?

5 SILVESTER WAY is located in SPRINGFIELD, in the CM2 postcode district. The below map shows the position of No. 5 on SILVESTER WAY.