14, BLACKSMITH CLOSE, SPRINGFIELD, CHELMSFORD, CM1 6SY - £162,995

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.

14 BLACKSMITH CLOSE is a terraced house, which could now be worth an estimated £324,194. It was last sold for £162,995 in June 2006, which was around 5% below the average June 2006 terraced price in the Chelmsford local authority area.

14 BLACKSMITH CLOSE Sold Prices

Land registry data shows two sales for 14 BLACKSMITH CLOSE 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. One of the two 14 BLACKSMITH CLOSE sales was for below the average price, whilst the other was 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
2006 28 JUN	£162,995	£171,695	5% below HPI
1999 26 FEB	£64,750	£63,073	3% above HPI

What might 14 BLACKSMITH CLOSE be worth now?

14 BLACKSMITH CLOSE might now be worth an estimated £324,194.

This is based on house price inflation of 98.9%, between June 2006 and April 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 98.9% inflationary increase is applied to the most recent sale price for 14 BLACKSMITH CLOSE of £162,995 on 28th June 2006. For the value to have increased from £162,995 to £324,194 over the twenty years and two months to April 2026, the following assumptions must hold true:

• The value of 14 BLACKSMITH CLOSE has moved in line with the HPI for terraced houses in the Chelmsford local authority area.
• The June 2006 sale price of £162,995 represented a fair market value for the property.
• The size, condition, and specification of 14 BLACKSMITH CLOSE has not materially changed since June 2006.

Where is 14 BLACKSMITH CLOSE?

14 BLACKSMITH CLOSE is located in SPRINGFIELD, in the CM1 postcode district.