14, TOWNSEND, SPRINGFIELD, CHELMSFORD, CM2 6GB - £123,750

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 TOWNSEND is a very small flat of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £132,267. It was last sold for £123,750 in February 2019, which was around 37% below the average February 2019 flat price in the Chelmsford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

14 TOWNSEND Sold Prices

Land registry data shows three sales for 14 TOWNSEND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Chelmsford local authority area for the corresponding sale date. All of the three 14 TOWNSEND sales were 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
2019 6 FEB	£123,750	£196,933	37% below HPI
2015 22 MAY	£90,000	£159,732	44% below HPI
2005 21 JUN	£90,000	£133,642	33% below HPI

What might 14 TOWNSEND be worth now?

14 TOWNSEND might now be worth an estimated £132,267.

This is based on house price inflation of 6.9%, between February 2019 and April 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 6.9% inflationary increase is applied to the most recent sale price for 14 TOWNSEND of £123,750 on 6th February 2019. For the value to have increased from £123,750 to £132,267 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 14 TOWNSEND has moved in line with the HPI for flats in the Chelmsford local authority area.
• The February 2019 sale price of £123,750 represented a fair market value for the property.
• The size, condition, and specification of 14 TOWNSEND has not materially changed since February 2019.

How Large is 14 TOWNSEND?

14 TOWNSEND is 43m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of flats in Chelmsford, based on EPC data. 15% of flats are smaller than 14 TOWNSEND, and 83% of flats are larger. Note that EPC data is not available for all properties in Chelmsford.

14 TOWNSEND: Plot

14 TOWNSEND sits on a plot of roughly 0.129 of an acre, or 522m².

Where is 14 TOWNSEND?

14 TOWNSEND is located in SPRINGFIELD, in the CM2 postcode district.