14, STANLEY RISE, SPRINGFIELD, CHELMSFORD, CM2 6PL - £237,500

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.

14 STANLEY RISE is a small flat of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £230,886. It was last sold for £237,500 in August 2023, which was around 9% above the average August 2023 flat price in the Chelmsford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

14 STANLEY RISE Sold Prices

Land registry data shows four sales for 14 STANLEY RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. Most of the four 14 STANLEY RISE 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
2023 11 AUG	£237,500	£217,322	9% above HPI
2017 30 MAR	£190,000	£194,759	2% below HPI
2002 14 JUN	£105,000	£91,455	15% above HPI
1996 9 OCT	£45,000	£39,766	13% above HPI

What might 14 STANLEY RISE be worth now?

14 STANLEY RISE might now be worth an estimated £230,886.

This is based on house price deflation of 2.8%, between August 2023 and May 2026, for flats, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 14 STANLEY RISE of £237,500 on 11th August 2023. For the value to have decreased from £237,500 to £230,886 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 14 STANLEY RISE has moved in line with the HPI for flats in the Chelmsford local authority area.
• The August 2023 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 14 STANLEY RISE has not materially changed since August 2023.

How Large is 14 STANLEY RISE?

14 STANLEY RISE is 51m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of flats in Chelmsford, based on EPC data. 36% of flats are smaller than 14 STANLEY RISE, and 60% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

14 STANLEY RISE: Plot

14 STANLEY RISE sits on a plot of roughly 2.1 acres, or 8,355m².

Where is 14 STANLEY RISE?

14 STANLEY RISE is located in SPRINGFIELD, in the CM2 postcode district.