8, WRIGHT CRESCENT, SPRINGFIELD, CHELMSFORD, CM1 6DP - £420,000

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.

8 WRIGHT CRESCENT is a midsized semi-detached house of 92m², built in 2017, which could now be worth an estimated £500,900. It was last sold for £420,000 in April 2019, which was around 18% above the average April 2019 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

8 WRIGHT CRESCENT Sold Prices

Land registry data shows one sale for 8 WRIGHT CRESCENT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2019 30 APR	£420,000	£357,227	18% above HPI

What might 8 WRIGHT CRESCENT be worth now?

8 WRIGHT CRESCENT might now be worth an estimated £500,900.

This is based on house price inflation of 19.3%, between April 2019 and April 2026, for semi-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 19.3% inflationary increase is applied to the most recent sale price for 8 WRIGHT CRESCENT of £420,000 on 30th April 2019. For the value to have increased from £420,000 to £500,900 over the seven years to April 2026, the following assumptions must hold true:

• The value of 8 WRIGHT CRESCENT has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The April 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WRIGHT CRESCENT has not materially changed since April 2019.

How Large is 8 WRIGHT CRESCENT?

8 WRIGHT CRESCENT is 92m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of semi-detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chelmsford, and where 8 WRIGHT CRESCENT lies on this distribution: 55% of semi-detached houses are smaller than 8 WRIGHT CRESCENT, and 44% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chelmsford.

8 WRIGHT CRESCENT: Plot

8 WRIGHT CRESCENT sits on a plot of roughly 0.044 of an acre, or 178m².

Where is 8 WRIGHT CRESCENT?

8 WRIGHT CRESCENT is located in SPRINGFIELD, in the CM1 postcode district.