9, SPRINGFIELD PARK LANE, CHELMSFORD, CM2 6EG - £385,000

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.

9 SPRINGFIELD PARK LANE is a very small semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £456,058. It was last sold for £385,000 in May 2021, which was around 6% above the average May 2021 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

9 SPRINGFIELD PARK LANE Sold Prices

Land registry data shows two sales for 9 SPRINGFIELD PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 9 SPRINGFIELD PARK LANE sales was for above the average price, whilst the other was 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
2021 25 MAY	£385,000	£362,438	6% above HPI
1995 4 SEP	£33,500	£61,395	45% below HPI

9 SPRINGFIELD PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 9 SPRINGFIELD PARK LANE sales from September 1995 and May 2021 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 September 1995 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 9 SPRINGFIELD PARK LANE be worth now?

9 SPRINGFIELD PARK LANE might now be worth an estimated £456,058.

This is based on house price inflation of 18.5%, between May 2021 and July 2025, 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 18.5% inflationary increase is applied to the most recent sale price for 9 SPRINGFIELD PARK LANE of £385,000 on 25th May 2021. For the value to have increased from £385,000 to £456,058 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 9 SPRINGFIELD PARK LANE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The May 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRINGFIELD PARK LANE has not materially changed since May 2021.

How Large is 9 SPRINGFIELD PARK LANE?

9 SPRINGFIELD PARK LANE is 80m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of semi-detached houses houses in Chelmsford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chelmsford, and where 9 SPRINGFIELD PARK LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 9 SPRINGFIELD PARK LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

9 SPRINGFIELD PARK LANE: Plot and Title Map

9 SPRINGFIELD PARK LANE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 9 SPRINGFIELD PARK LANE, 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 9 SPRINGFIELD PARK LANE). 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 9 SPRINGFIELD PARK LANE?

9 SPRINGFIELD PARK LANE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 9 on SPRINGFIELD PARK LANE.