57, SPALDING WAY, CHELMSFORD, CM2 7NZ - £537,500

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.

57 SPALDING WAY is a large extended terraced house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £646,928. It was last sold for £537,500 in October 2020, which was around 88% above the average October 2020 terraced price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

57 SPALDING WAY Sold Prices

Land registry data shows two sales for 57 SPALDING WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chelmsford local authority area for the corresponding sale date. Both of the two 57 SPALDING WAY 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
2020 2 OCT	£537,500	£286,531	88% above HPI
2006 26 MAY	£312,500	£170,576	83% above HPI

57 SPALDING WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chelmsford local authority area over time, sourced from the HPI. The two 57 SPALDING WAY sales from May 2006 and October 2020 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 May 2006 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the October 2020 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 57 SPALDING WAY be worth now?

57 SPALDING WAY might now be worth an estimated £646,928.

This is based on house price inflation of 20.4%, between October 2020 and August 2025, 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 20.4% inflationary increase is applied to the most recent sale price for 57 SPALDING WAY of £537,500 on 2nd October 2020. For the value to have increased from £537,500 to £646,928 over the five years and two months to August 2025, the following assumptions must hold true:

• The value of 57 SPALDING WAY has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The October 2020 sale price of £537,500 represented a fair market value for the property.
• The size, condition, and specification of 57 SPALDING WAY has not materially changed since October 2020.

How Large is 57 SPALDING WAY?

57 SPALDING WAY is 144m², which includes four extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of terraced houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chelmsford, and where 57 SPALDING WAY lies on this distribution: 69% of terraced houses houses are smaller than 57 SPALDING WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

57 SPALDING WAY: Plot and Title Map

57 SPALDING WAY sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 57 SPALDING 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 57 SPALDING 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 57 SPALDING WAY?

57 SPALDING WAY is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 57 on SPALDING WAY.