51, RATCLIFFE GATE, SPRINGFIELD, CHELMSFORD, CM1 6AL - £372,000

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.

51 RATCLIFFE GATE is a very large terraced house of 370m², built sometime between 1996 and 2002, which could now be worth an estimated £423,178. It was last sold for £372,000 in February 2021, which was around 24% above the average February 2021 terraced price in the Chelmsford local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

51 RATCLIFFE GATE Sold Prices

Land registry data shows one sale for 51 RATCLIFFE GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 15 FEB	£372,000	£300,095	24% above HPI

What might 51 RATCLIFFE GATE be worth now?

51 RATCLIFFE GATE might now be worth an estimated £423,178.

This is based on house price inflation of 13.8%, between February 2021 and May 2026, 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 13.8% inflationary increase is applied to the most recent sale price for 51 RATCLIFFE GATE of £372,000 on 15th February 2021. For the value to have increased from £372,000 to £423,178 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 51 RATCLIFFE GATE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The February 2021 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 51 RATCLIFFE GATE has not materially changed since February 2021.

How Large is 51 RATCLIFFE GATE?

51 RATCLIFFE GATE is 370m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of terraced houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses by size in Chelmsford, and where 51 RATCLIFFE GATE lies on this distribution: More than 99% of terraced houses are smaller than 51 RATCLIFFE GATE, and less than 1% of terraced houses are larger. Note that EPC data is not available for all properties in Chelmsford.

51 RATCLIFFE GATE: Plot

51 RATCLIFFE GATE sits on a plot of roughly 0.032 of an acre, or 128m².

Where is 51 RATCLIFFE GATE?

51 RATCLIFFE GATE is located in SPRINGFIELD, in the CM1 postcode district.